PayPal stumbles 6% after missing on revenue, slashing full-year outlook
The PayPal application on an Apple iPhone.
Andrew Harrer | Bloomberg | Getty ImagesShares of PayPal fell as much as 6% in after-hours trading after the payments giant missed Wall Street’s estimates for second-quarter revenue and lowered its full-year guidance.
PayPal’s revenue for the quarter rose to $4.31 billion, up 12% from a year earlier but still below Refinitiv consensus expectations of…
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