PayPal stock price analysis: PYPL has formed a risky pattern
Watching PayPal’s (NASDAQ: PYPL) stock price implode has been painful to see. A stock that was trading at $310.40 in 2021 has crashed by about 80% to the current $64.45. A $10,000 investment in PayPal at its peak would now be worth about $2,080. Growth has stalledPayPal is one of the most popular fintech companies in the United States. In addition to its eponymous brand, the company also owns other firms like Braintree, Honey, Venmo, Xoom, and other smaller firms. After experiencing strong growth before and during the Covid-19 pandemic, its performance has stalled. Some of its metrics like the...