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Why PayPal Rose 14.4% in January

Royston Yang, The Motley Fool
·2-min read
Why PayPal Rose 14.4% in January

Shares of PayPal (NASDAQ: PYPL) rose 14.4% in January, according to data provided by S&P Global Market Intelligence. While the rise was encouraging, shares of the digital payments company were still down nearly 33% from a year ago. The somber mood from last year has lifted somewhat as the Federal Reserve has pledged to slow down its interest rate hikes.

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