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Monday, July 15, 2024

PayPal Stock Slides as Company Transformation Impacts Guidance

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In recent news, PayPal Holdings, Inc. (PYPL) has experienced a significant decline in its stock price due to a weaker-than-expected outlook. The company’s ongoing transformation to drive future growth has impacted its guidance for the first quarter and full year. Despite surpassing analysts’ expectations with its fourth-quarter earnings, PayPal’s shares have taken a hit. This article will explore the key takeaways from the reference articles and delve into the implications of the company’s transformation on its stock performance. We will also discuss important price levels to watch for potential support or further declines.

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