- PayPal Holdings, Inc. stock price today and history
Please, Signup (Login) to subscribe or trade (demo)
PayPal Holdings, Inc. stock price
PayPal Holdings, Inc. latest news:
PayPal and UPS stumble while eBay and Qorvo advance
PayPal Holdings and United Parcel Service fall while eBay and Qorvo trade higher
PayPal and UPS stumble while eBay and Qorvo advance
Stocks that moved substantially or traded heavily Thursday: eBay Inc., up $5.61 to $46.19
Dow logs a gain, but set for worst weekly decline in more than a year ahead of jobs report
U.S. stock indexes ended mostly lower on Thursday, in a bumpy day of trade as concerns about a pick up in inflation and rising bond yields fostered emerging volatility on Wall Street. The Dow Jones Industrial Average closed up about 37 points at 26,186, with shares of Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. , buoying the blue-chip gauge as borrowing costs rose. The Dow was on track for its worst weekly loss, off 1.6%, since the 2.2% weekly decline back in Sept. 9, 2016, according to FactSet data. The S&P 500 index lost 2 points, or 0.1%, at 2,821, tracking its steepest weekly drop since Nov. 4, 2016, while the Nasdaq Composite Index ended the session off 0.4% at 7,385. The Nasdaq is on pace for its worst weekly slide since June. The 30-year Treasury yield hit 3%, marking its highest level since May and underlining a steady reflation taking place in government bonds, which can erode appetite for assets perceived as risky like stocks. The moves for equities come ahead of an important job market report on Friday, which should indicate whether wages are rising. In corporate news, shares of eBay Inc. finished up about 14% after announcing plans to take over payments from PayPal Holdings Inc. . Market participants were looking to quarterly results from Apple Inc. after the close. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Airbnb: not going public in 2018
Airbnb Inc. said Thursday that it is not going to list on the public markets in 2018, following the departure of its Chief Financial Officer Laurence Tosi. In a statement Airbnb Chief Executive Brian Chesky said, "We are not going public in 2018. Our primary focus is becoming a 21st-century company and advancing our mission. We're working on getting ready to go public and we will make decisions about going public on our own timetable." Chesky previously said in October that the company was half way through its two year process to prepare to go public, though that did not mean the company planned to do so once it was complete. Airbnb also said Thursday that it had elevated Belinda Johnson to the Chief Operating Officer position. Previously she served as chief business affairs and legal officer at Airbnb and currently sits on the PayPal Inc. board, according to her LinkedIn profile.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
How Wall Street Sees eBay and PayPal After Earnings
EBay investors cheer move to ditch PayPal as main payments partner
- Shares of eBay hit an all-time high on Thursday after the e-commerce platform unveiled a plan to take more control of customer payments from long-standing partner PayPal, a move analysts said would help it compete better with Amazon. Dutch fintech company Adyen will become eBay's primary payments processor under the plan, which seeks to have more transactions conducted directly on eBay's sites.
PayPal's shares fall after eBay announces new payment partner
PayPal Holdings' shares fell as much as 12 percent in after-hours trading on Wednesday after former parent company eBay said it had signed up a new primary payment processor.
PayPal stock falls after fourth-quarter earnings
PayPal Holdings Inc. shares fell in the extended session Wednesday after the payments company reported fourth-quarter results that beat expectations on earnings and outlook. PayPal stock fell than 3.31% after hours to $82.50. The company reported fourth-quarter net income of $620 million, or 50 cents a share, compared with $390 million, or 32 cents a share, in the year-ago period. Adjusted earnings were 55 cents a share. Revenue rose to $3.74 billion from $2.98 billion in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 48 cents a share on revenue of $3.63 billion. PayPal also said that it had inked a deal with eBay Inc. that will continue to make PayPal a payment method on eBay through July 2023. EBay as a percentage of total payment volume on PayPal shrank to 13% from 16% a year ago, PayPal said. For the first quarter, analysts model earnings of 40 cents a share on revenue of $3.55 billion. PayPal said it expects first-quarter earnings of 41 cents to 43 cents a share on sales of $3.58 billion to $3.63 billion. PayPal stock has gained 115% in the past year, with the S&P 500 index rising 24%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PayPal's profit jumps 59 pct on merchant services strength
Payments processor PayPal Holdings Inc's (PYPL) fourth-quarter profit jumped 59 percent, fueled by strength in its merchant services business. PayPal (PYPL) said on Wednesday its net income rose to $620 million or 50 cents per share in the quarter ended Dec. 31, from $390 million or 32 cents per share, a year earlier.
PayPal Holdings Inc expected to post earnings of 52 cents a share - summary
* PayPal Holdings Inc (PYPL) is expected to show a rise in quarterly revenue when it reports results on January 31. * The San Jose, California-based company is expected to report a 21.9 percent increase in revenue to $3.63 billion from $2.98 billion a year ago, according to the mean estimate of 37 analysts, according to Thomson Reuters data.
PayPal Earnings Preview: Will It Keep Up the Momentum?
Venmo is growing fast, but PayPal's core platform is doing just fine on its own.
PayPal price target raised to Street-high $95 at Jefferies
Shares of PayPal Holdings Inc. were little changed in premarket trading Wednesday after Jefferies analyst Ramsey El-Assal raised his price target on the stock to $95, a new Street high. He's upbeat about broad consumer spending trends toward the end of last year, ahead of PayPal's fourth-quarter earnings release. "Particularly robust eCommerce figures in October/November/December... mirror the structural shift from in-store to online spending," El-Assal wrote, citing SpendTrend data. He also likes the company's free-cash-flow positioning as a result of selling its loan portfolio to Synchrony Financial . " We continue to view PayPal as a compelling long term opportunity given scarcity value among large-caps due to growth/profitability profile, global secular tailwinds, and an enviable cash flow/balance sheet position," he wrote. The stock closed at a new record high on Tuesday. PayPal shares are up 99% over the past 12 months, while the S&P 500 Index is up 23% in that time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PayPal stock rises to record after Morgan Stanley pens upbeat note
PayPal Holdings Inc.(PYPL) remains a leader in online acceptance, according to a new report from Morgan Stanley. Shares are up 1.9% to a record high in Wednesday trading. The payments giant retained its strong lead in the fourth quarter even though three of the top 500 Internet retailers dropped their acceptance, analyst James Faucette wrote in a note to clients Wednesday.
Here's How PayPal Holdings, Inc. Crushed It in 2017
Some investors had written off PayPal as a relic of its bygone days as a payment button used for online shopping. The company has evolved into a full-service digital payments system, and that's paying off.
Peter Thiel's Founders Fund is a big buyer of bitcoin: WSJ
Founders Fund, the venture-capital firm co-founded by investor Peter Thiel, has bought hundreds of millions of dollars of bitcoin, The Wall Street Journal reported Tuesday, citing people familiar with the matter. The bet is spread across the firm's most recent funds, including one that began investing in mid-2017 that has made the cryptocurrency one of its first investments. Thiel co-founded PayPal Holdings Inc. and has been a prominent backer of President Donald Trump. He also made headlines when it emerged that he was the billionaire that financed the lawsuit brought by former wrestler Hulk Hogan against news website Gawker, that led to its collapse. Founder funds has more than $3 billion in assets under management and owns stakes in companies including Facebook Inc. , Airbnb Inc., SpaceX and Lyft. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PayPal stock rises as analyst cheers Venmo opportunities
Shares of PayPal Holdings Inc. gained 0.5% in premarket trading Thursday after an analyst at KeyBanc Capital Markets named the payment-processor a "key idea" for 2018. KeyBanc's Josh Beck is upbeat on the company's efforts to monetize its Venmo peer-to-peer payment platform by letting users pay for e-commerce items using the Venmo app. " The Pay with Venmo opportunity brings in incremental customers with higher profit margins and is well positioned to scale," he wrote in a note to clients Wednesday. Beck has a $90 price target on PayPal shares. His other "key idea" in payments is Vantiv Inc. , as he sees opportunities for the company to drive better-than-expected synergies from its Worldpay deal. PayPal shares have gained 88% so far in 2017, while Vantiv's stock is up 23%. The S&P 500 also rose 23% in that time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PayPal says personal data may be compromised for 1.6 million TIO users
PayPal Holdings Inc. said Friday that personally identifiable information for roughly 1.6 million users has potentially been compromised at a company it acquired earlier this year.
PayPal-owned TIO's data breach affects 1.6 million customers
PayPal Holdings Inc. said late Friday it has found evidence of a data breach in TIO Networks, a payment processing company PayPal bought in July. The unauthorized access could have compromised "personally identifiable information" for approximately 1.6 million customers, including TIO customers and customers of TIO billers. PayPal said the its platform was not impacted, as the TIO systems run separate, PayPal's customers' data remains secure. PayPal halted TIO operations on Nov. 10 as part of an ongoing investigation. The company said it has begun working with the companies it services to notify potentially impacted people, and with a consumer-credit reporting agency to provide free credit monitoring memberships for those affected. People involved in the data breach will be contacted directly and receive instructions to sign up for monitoring, PayPal said. Shares of PayPal were flat in late trading after ending the regular session down 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PC Connection, Inc.PCCC
PDC Energy, Inc.PDCE
PDF Solutions, Inc.PDFS
PDL BioPharma, Inc.PDLI
Peak Resorts, Inc.SKIS
Peapack-Gladstone Financial CorporationPGC