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PayPal tumbles 12%, eyes lowest close since 2017

PayPal tumbles 12%, eyes lowest close since 2017
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Affirm Sees Tepid Demand for Discretionary Goods

Affirm Holdings’ latest quarterly results showed double-digit gains in gross merchandise value (GMV), but a pullback in consumer spending in some categories…

PayPal tumbles 12%, eyes lowest close since 2017

PayPal Holdings stock slumped 12% on Tuesday, on track for its lowest close in almost six years, after the payments company cut the outlook for its annual adjusted operating margin.. | May 9, 2023

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