PayPal Shares Pause as Raised Guidance Validates Turnaround Narrative
PayPal Holdings shares are trading marginally lower Friday as investors digest turnaround momentum after a Q2 beat and raised FY outlook.
PayPal did better than expected last quarter and promised even better results ahead, which is good news. When a company does well but its stock price doesn't jump up right away, it means investors are waiting to see if the good news keeps happening.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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