Shares of fintech giant PayPal (NASDAQ: PYPL) have declined nearly 58% this year amid a broader sell-off of high-growth names due to macro uncertainty. Investors are also worried about the effect of geopolitical tensions triggered by the Ukraine-Russia conflict, eBay’s (EBAY) transition from PayPal to its own payment system, the impact of rising inflation on consumer spending, and a general slowdown in ecommerce transactions following the reopening of the economy.   Financial Snapshot Last month, PayPal reported mixed Q1’22 results, with adjusted EPS in-line with the Street’s estimates and revenue exceeding expectations.
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PayPal (NASDAQ:PYPL)
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