|Bid||91.07 x 1300|
|Ask||91.40 x 900|
|Day's range||85.58 - 91.64|
|52-week range||67.58 - 273.51|
|Beta (5Y monthly)||1.44|
|PE ratio (TTM)||54.89|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||120.38|
A broad cross-section of stocks charged sharply higher on Wednesday, as Wall Street focused on Treasury yields and foreign government moves to settle unrest in the financial markets. Shares of e-commerce kingpin Shopify (NYSE: SHOP) rose as much as 5.5%, digital payments denizen PayPal (NASDAQ: PYPL) jumped as much as 6.9%, and Latin American e-commerce and fintech leader MercadoLibre (NASDAQ: MELI) surged as much as 8.3%. Positive developments in the unfolding saga involving the British pound and a spike in U.S. Treasury yields provided the catalyst.
PayPal Holdings (NASDAQ:PYPL) has had a great run on the share market with its stock up by a significant 20% over the...
Shares of digital payments platform PayPal (NASDAQ: PYPL) soared in the early days of the pandemic, but they've tumbled around 71.8% from the high they reached in 2021. Smelling a bargain, Ray Dalio and the fund he manages, Bridgewater Associates, bought up more than 1.1 million shares of PayPal during the second quarter. Dalio is attracted to PayPal as a long-term holding because its ubiquitous payments platform has a strong competitive advantage that should endure.