Post by MICROMAN
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?