PayPal (PYPL 3.31%) gave investors a quarterly update that suggested profits would be lower in upcoming months.
*Stock prices used were the afternoon prices of Oct. 28, 2024. The video was published on Oct. 30, 2024.
PayPal Stock Gets a Rare Downgrade
By Parkev Tatevosian, CFA – Oct 31, 2024 at 6:15AM
NASDAQ: PYPL
PayPal
Market Cap
$64B
Today's Change
(-3.31%) $2.26
Current Price
$66.08
Price as of November 4, 2025 at 4:00 PM ET
The company has performed relatively well in 2024.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.