PayPal Is Working Behind the Scenes to Seize Market Share

By Parkev Tatevosian, CFA – May 28, 2023 at 4:15AM

NASDAQ: PYPL

PayPal

Market Cap

$67B

Today's Change

(2.09%) $1.34

Current Price

$65.44

Price as of April 26, 2024, 12:13 p.m. ET

PayPal wants to be more than an online payment processor.

PayPal (PYPL 2.09%) is making strategic adjustments to make itself more vital to merchants, whether they be online or brick-and-mortar.

*Stock prices used were the afternoon prices of May 24, 2023. The video was published on May 26, 2023.

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short June 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy.

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