The market is telling us something is wrong - and before you ask, I don't know what it is - with this company, and has been since the shares traded at $300:
From Reuters via Yahoo Finance, May 9:
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.
The stock, last trading at $66.45, was set to record its lowest closing price since October 2017. It touched a session low of $66.39, its lowest intra-day price since December.
PayPal late on Monday estimated adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of 125-basis-point growth....
....MUCH MORE
Also at Yahoo Finance, the transcript of earlier analysis:
PayPal stock sinks on disappointing outlook for operating margins
Previously:
October 10, 2022: ""PayPal Still Threatens $2500 Fines for Promoting 'Discriminatory' "Intolerance" (Even if Not "Misinformation")" (PYPL)":
The stock closed down another 6.27% at $84.52, considerably below the 52-week high of $273.51.
From the legal eagles at The Volokh Conspiracy, October 9....
October 31, 2022: "PayPal Correction/Amplification/Mea Culpa/My Bad (PYPL)":
Regarding October 26's "Following PR Crisis, PayPal Again Updates TOS Hoping You Won’t Notice"....
