PayPal Holdings (NASDAQ: PYPL) just reported its third quarter 2024 and well.. Investors were not impressed.
The stock dumped as much as 8% during intraday trading, which in itself was still a recovery from pre-market trading, where it fell as much as 12.5%. The sell off is said to be the result of revenue not meeting analyst expectations, despite beating estimates on earnings per share.
And as we all know, markets can be a bit fickle with that stuff.
Lets dive in.
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