PayPal Just Lost $200 Billion In 8 Months...
发布时间 2022-02-11 20:00:01 来源
摘要
PayPal is one of the largest payment processing companies in the world only beaten out by industry classics such as Visa and Mastercard. And given their leverage of the internet and smartphones, it's not surprising that PayPal is so successful. However, over the past year, PayPal hasn't been doing so hot. In fact, PayPal is down over 60% within the last 8 months which correlates to over a $200 billion loss in market cap. Their recent earnings report which offered poor guidance simply put the nail in the coffin causing PayPal to experience its worst trading day ever falling a painful 24% within a single day. On this surface, this may seem like just an overreaction to an underwhelming forecast, but PayPal's issues are much deeper than just a poor forecast. For one, investors have been bidding up the stock beyond belief ever since the pandemic started which has made it extremely difficult to match investor expectations. And secondly, PayPal has been reliant on eBay for decades, it's taking to time to diversify away from eBay. This video explains the various reasons PayPal stock is falling and what happened to PayPal.
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Timestamps:
0:00 - PayPal’s Tumble
1:11 - Bailed Out
3:45 - Golden Chains
6:29 - Escaping eBay
8:31 - Disappointing Expectations
Resources:
https://pastebin.com/9zp97nSM
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