PayPal's stock could be near its ultimate bottom, analyst says
Adyen just revealed a 'difficult truth' about commoditization in payments, but with 'a bit of twisted logic,' the revelation could be bullish for PayPal.
Source: marketwatch.com
Stay updated with breaking news from Adyennv Adr. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Adyen just revealed a 'difficult truth' about commoditization in payments, but with 'a bit of twisted logic,' the revelation could be bullish for PayPal.
Adyen shares continued their steep descent Monday as another analyst threw in the towel on his bullish call.
PayPal's Braintree business may be a sore point for Adyen investors, but it's a touchy subject for PayPal investors, too.