Shares of PayPal Holdings (NASDAQ: PYPL) climbed 4.3% to a new closing high of $192.51 on Thursday, following the online payment processing giant's strong second-quarter results. PayPal's total payment volume jumped 29% to $222 billion, while its revenue leapt 22% to $5.3 billion. "In the midst of the COVID-19 pandemic, digital payments have become more important and essential than ever," CEO Dan Schulman said in a press release. Read More...
Why PayPal Stock Rose to a New All-Time High Today
Shares of PayPal Holdings (NASDAQ: PYPL) climbed 4.3% to a new closing high of $192.51 on Thursday, following the online payment processing giant’s strong second-quarter results. PayPal’s total payment volume jumped 29% to $222 billion, while its revenue leapt 22% to $5.3 billion. “In the midst of the COVID-19 pandemic, digital payments have become more important and essential than ever,” CEO Dan Schulman said in a press release.
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