Is it game over for Paypal?
$PayPal(PYPL.US$ used to be a darling stock.
If you invested in Paypal 5 years ago, by 2021 you would have gained 300% of capital gains.
However, if you continued to hold it until today, it would have been shockingly at a -1.49%
Source: Google Finance
So what went wrong with Paypal?
Presumably, it tanked together with other tech stocks.
But plenty of tech stocks have rebounded, you may argue.
Although not specifically targeted, Paypal bore the brunt together with SQ albeit at a lower rate.
It is still a payment solution stock with a 42% market share
As of September 2022. Source: Statista
Do you think Paypal is cheap?
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The information available in this article/report/analysis is for sharing and education purposes only. This is neither a recommendation to purchase or sell any of the shares, securities, or other instruments mentioned; nor can it be treated as professional advice to buy, sell or take a position in any shares, securities, or other instruments. If you need specific investment advice, please consult the relevant professional investment advice and/or for study or research only.
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