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PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street "About two thirds of the more than 50 Wall Street firms covering the digital-payments company has a buy or equivalent rating on the shares, according to data compiled by Bloomberg. And not one has a sell, the data show, something that can’t be said of Apple Inc., Microsoft Corp., or even the latest market darling Nvidia Corp. Analysts were similarly bullish in mid-2021, when pandemic-fueled revenue growth was pushing the stock to record highs. No one predicted the plunge of about 80% that sent PayPal spiraling to a six-year low late last month. This time around, the market is treading more carefully." Article Source: https://www.bnnbloomberg.ca/paypal-s-80-stock-plunge-hasn-t-soured-wall-street-1.1928911 Photo by Muhammad Asyfaul on Unsplash Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.