PayPal's major change is setting social media ablaze.
By Naveen
October 09, 2022
Financial services platform PayPal has been in a big decline since the start of the year.
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PayPal's stock price has fallen 52.2% since January.
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During that time its market value fell by about $114 billion to $104.3 billion.
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Profitability concerns surrounding fintech have grown in recent months.
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Because fears of a recession have taken precedence over all other considerations with investors.
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The Federal Reserve is aggressively raising interest rates to curb inflation.
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Investors are nervous about what could be called a hard landing as it hits a 40-year high.
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