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PayPal stock soars on 14% rise in Q1 payment volume

Seana Smith and Brad Smith

Shares of PayPal (PYPL) are rising Tuesday, buoyed by the company's first quarter performance, which saw payment volume surge 14%. The digital payment giant exceeded analysts' revenue expectations, posting a top-line figure of $7.7 billion, beating the Street's estimate of $7.51 billion.

Yahoo Finance's Seana Smith and Brad Smith break down the details of the report.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith