PayPal Q3 2024 Earnings: Swing and a Miss
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.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.