"PayPal's Stock Surges Ahead of Key Event, Investors Missing the Big Picture"

1 min read
Source: MarketWatch
"PayPal's Stock Surges Ahead of Key Event, Investors Missing the Big Picture"
Photo: MarketWatch
TL;DR Summary

PayPal's stock is on a three-day rise, up 12.1%, and set for its best three-day stretch in 14 months, despite facing a recent downgrade from Mizuho analyst Dan Dolev. Concerns about margins and competition from Apple Pay have been raised, but Chief Executive Alex Chriss aims to reassure investors with plans to unveil new innovations at an upcoming event.

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