◆ NeutralPYPLAAPLEBAY
PayPal Grows Its Volume Every Year. Here's Why the Stock Doesn't Always Follow.
The Motley Fool·
PayPal's total payment volume grew 10% year-over-year to $486 billion in Q2, but the stock remains down 81% from its 2021 peak. The company's most profitable segment, online branded checkout, has significantly underperformed with only 2% TPV growth in Q2, compared to 26% annualized growth during 2018-2021. Intense competition from Apple Pay and weak branded checkout performance are pressuring the stock despite overall business growth.
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