PayPal’s Rational Reckoning: A 90% Decline

After a "stagnant" quarter-century, PayPal’s stock has crumbled nearly 90% from its 2021 peak, hitting $42 today following a Q4 miss.

Blue and White Logo Guessing Game

Image Source: Pexels
 

I never understood PayPal’s (PYPLsuccess. They were a big deal back in the mid 1990s, and deservedly so, but they haven’t really innovated in over a quarter of a century. I found it especially comic a couple of years back when they trotted out advertisements positioning themselves as an AI company (!!!!!)

I can tell you that as both a user and a developer, Paypal is junk, so its nearly 90% (!!!!!!!!!) price decrease makes all the sense in the world. Nice to see there’s a little rationality hiding in some corners of even this market.
 


 


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