|Bid||74.73 x 1200|
|Ask||74.79 x 800|
|Day's range||73.79 - 75.85|
|52-week range||67.58 - 196.10|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||38.86|
|Earnings date||31 Jan 2023 - 04 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||106.60|
Economic uncertainty has battered the stock market this year, sparking recession fears that have driven the S&P 500 and the Nasdaq Composite into bear market territory. During that downturn, PayPal Holdings (NASDAQ: PYPL) has seen its share price nosedive 76%, marking its greatest loss of value since it became a public company (for the second time) in 2015. PayPal operates a two-sided payments network with 432 million active accounts, including 397 million consumers and 35 million merchants.
This year has served as a reminder to the investment community that stocks can go down just as easily as they can rise. Since each of the major U.S. stock indexes hit their respective all-time highs between mid-November 2021 and the first week of January 2022, they've fallen into a bear market with peak declines ranging from 22% to 38%. What follows are five unstoppable trends to invest $1,000 in for 2023.
PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries.