PayPal shares slip 3.6% to $54.99 a day before third-quarter earnings
The gist
PayPal stock fell 3.6% to $54.99, down 20.3% over the past 12 months.
Analysts are split on the payments company ahead of its Oct 27 earnings report.
How it unfolded
- Jul 23, 2021PayPal hit its record high; a $1,000 investment made then would be worth $187 today.
- Jan 17, 2025PayPal shares closed at $90.80.
- Jul 28, 2026On the earnings call, management said financial services accounts for close to 20% of transaction margin and is growing at a double-digit pace.