Stock down 18% after hours, whats happening folks, come on. What is the sentiment out there. I was trusting Dan Shulman as a good CEO, but looks like he is not doing good, really time for a change.
Also I didn't hear any one getting new offer lately here. Hope it's coincidence
Web 3.0 and alt payment tech. PayPal will be the new MySpace. Not overnight, but probably in the next decade.
Lol what alt payment tech. Show me something universally accepted like PayPal. People still write checks, quit thinking that payment tech moves fast lol
Crypto is a meme. Has hardly any real world applications esp in the developed world.
PayPal projecting growth of 15-17% That is lower than expectations and investors are losing confidence.
oh sure and companies like AMC and all are doing well for them to rise :) Market doesnt have any rationale in my opinion. who is looking at PE and valuations ?
Are you ex PayPal?
no, i have a lot of paypal stocks though. I thought it will go up so i bought last year, bad timing. But I am sure at the end its a good company and the stock will rise, its just that Dan Shulman probably needs to get serious, its a hard industry and there are many players out there.
Not sure on usa, but in india 🇮🇳 PayPal was big no. They missed bus by couple of years . Agree it is doing down unless they innovate real quick
Can someone explain how it's expected to beat expectations every time?
Same thing happened with nflx last week. And its up 25% from there in a week. Buy pypl with this dip
Morale is in the toilet
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Their revenue beat expectations. Not sure why it dropped
poor guidance
Beat expectations? Can you share where you got that info from ? They MISSED EXPECTATIONS. Look at that image.