48 PayPal is collapsing, worst day of trading in their stock's history. (finance.yahoo.com) posted 2 years ago by TheImpossible1 2 years ago by TheImpossible1 +52 / -4 29 comments share 29 comments share save hide report block hide replies
That's a massive drop. Can anyone explain?
PayPal posted their latest earnings report and it missed badly, and included guidance that most of their new users were found to be just people exploiting the free vouchers for joining, meaning they were actually losing active users Y/Y