Shares of PayPal Holdings (NASDAQ: PYPL) have been getting clobbered over the past 10 months or so, falling more than 70% off all-time highs set in July 2021. While part of this has been due to the broad market sell-off all investors have seen lately, it was also because of a shift in strategy mentioned during the company's fourth-quarter earnings call in February. The company's fiscal 2022 first-quarter earnings -- which were reported on April 27 -- showed the shift is having some preliminary success. Read More...
Shares of PayPal Holdings (NASDAQ: PYPL) have been getting clobbered over the past 10 months or so, falling more than 70% off all-time highs set in July 2021. While part of this has been due to the broad market sell-off all investors have seen lately, it was also because of a shift in strategy mentioned during the company’s fourth-quarter earnings call in February. The company’s fiscal 2022 first-quarter earnings — which were reported on April 27 — showed the shift is having some preliminary success.
