PayPal Crushes Earnings Estimates.  The Stock Is Falling Anyway.


Holdings’ turnaround initiatives are getting maintain as evidenced by the payments company’s 3rd-quarter economical final results launched Thursday. PayPal stock has dropped 10% in reaction.

PayPal (ticker: PYPL) gained $1.15 per share on profits of $6.85 billion, according to normally acknowledged accounting principles. On an altered foundation earnings have been $1.08 for every share.

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