PYPL Jun 2024 77.500 put
| Previous close | 11.34 |
| Open | 11.39 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 77.50 |
| Expiry date | 2024-06-21 |
| Day's range | 11.34 - 11.39 |
| Contract range | N/A |
| Volume | |
| Open interest | 685 |
Investor's Business DailyPayPal Earnings Pop 27% Under New Reporting Method. PayPal Stock Is Set To Break Out.
PayPal earnings rose 27% under a new accounting methodology. PayPal stock jumped, signaling a move past a consolidation buy point.
ReutersPayPal lifts 2024 profit forecast as spending stays resilient, margins improve
Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months. PayPal's newly appointed management is also aiming to reignite investor confidence through efforts to make the company leaner and lower costs to ease pressure on its stock, which was among the worst performers on the Nasdaq last year.
- Reuters
UPDATE 1-PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter. Shares of the company were last up 4% in volatile premarket trading after the results. Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months.
