Why Is Everyone Talking About PayPal Stock Right Now?

By Parkev Tatevosian, CFA – Aug 15, 2023 at 5:45AM

NASDAQ: PYPL

PayPal

Market Cap

$69B

Today's Change

(2.90%) $1.86

Current Price

$65.96

Price as of April 26, 2024, 4:00 p.m. ET

PayPal's stock is down significantly off its high and selling at a relatively inexpensive valuation.

Fool.com contributor Parkev Tatevosian evaluates several reasons that investors are curious about PayPal (PYPL 2.90%) stock.

*Stock prices used were the afternoon prices of Aug. 11, 2023. The video was published on Aug. 13, 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 September 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.