Ouch ouch ouch
PayPal sinking over 8% today due to slow growth figures. This is despite the company achieving $1.40 EPS vs. the expected $1.30.
The problem is the slowdown in growth of transaction margin dollars, which is down 8% in the first quarter.
TBH everything else seems pretty solid, so I'm wondering why there is such a strong negative reaction?
PayPal
PYPL
trading on NASDAQ
since 2015
$71.78
(Δ -8.27%)
-$6.47 since open
PayPal is a leading global technology platform that enables digital and mobile payments for consumers and businesses through its comprehensive suite of services, including its core PayPal platform, Venmo, Zettle, and Honey.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $71.73 | $73.28 | $70.31 | $75.84B | 42.89M |
| eps | p/e | p/s |
operating margin |
profit margin |
yield |
| +$1.31 | 17.13 | 9.20 | 19.64% | 16.52% | 0% |
