PayPal Stock Trades 25% Below its 52-Week High: Buy, Sell or Hold?
PayPal (PYPL) shares closed at 93.66 it hit on Dec. 9, 2024. PayPal shares have dropped 18.1% year to date (YTD), which can be attributed to intensifying competition in the fintech industry from the likes of Visa (V) , Mastercard (MA) , Apple Pay, Adyen and others. A challenging macroeconomic environment and uncertainty over higher tariffs on trade partners, China, Canada and Mexico, has been an overhang on the stock.PayPal stock has also underperformed its ...