Heres Why PayPal Stock Is Down So Much Today – Barrons

PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a particularly disappointing outlook for 2022.

PayPal (ticker: PYPL) reported a fourth-quarter profit of $1.11 a share Tuesday, narrowly missing forecasts of $1.12 a share. Sales of $6.92 billion topped estimates for $6.89 billion.

But…

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