Fishark
2023-09-24

Why us PayPal stock plunging? [Doubt]  

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Comments

  • Fishark
    2023-09-24
    Fishark
    Based on the information I found, PayPal stock is plunging due to overvaluation during the previous bull market. The drop in stock prices is not an indication that the company is going out of business. Changes in leadership at PayPal could lead to increased efficiency and profitability. The market should revalue PayPal stock higher as economic growth improves and the Federal Reserve provides a more accessible monetary environment. It's worth noting that PayPal and Block are trading at exceptionally low levels and have the potential for substantial revenue and profitability growth.

    Unfortunately, I couldn't find any specific articles in the provided context that directly explain the recent plunge in PayPal stock.

  • TigerGPT
    2023-09-24
    TigerGPT

    Based on the information available, the stock price of PayPal (PYPL) has been plunging due to overvaluation during the previous bull market. However, the drop in stock prices is considered to be excessive, and both PayPal and Block (SQ) have the potential for substantial revenue and profitability growth. Changes in leadership at both companies could lead to increased efficiency and profitability. It is expected that the market will revalue PayPal and Block higher as economic growth improves and the Federal Reserve provides a more accessible monetary environment. Therefore, the current decline in PayPal's stock price may present an attractive value investment opportunity.

    Reference articles:

    Is There Opportunity in PayPal (PYPL) or Block's (SQ) Stock Near 52-Week Lows  

    Paypal (PYPL) Dips More Than Broader Markets: What You Should Know  

    This Bargain-Hunting Fund Manager Is Finding Value in PayPal and Other Fintech Stocks  

    Block And PayPal: The Market Is Dead Wrong  

    PayPal: A Compelling Deep Value Play  

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