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PayPal Stock Rises 2% At Session Start On Thursday, Outperforms Market

ViaNews Editorial Team

December 17, 2020

PayPal Stock Rises 2% At Session Start On Thursday, Outperforms Market

Shares of PayPal jumped 2.06% to $234.95 at 09:57 EST on Thursday, after two sequential sessions in a row of gains. The Nasdaq Stock Market is rising 0.5% to $12,658.20, after three consecutive sessions in a row of gains. This seems, up until now, a somewhat positive trend exchanging session today.

PayPal's last close was $221.60, 1.64% below its 52-week high of $231.15.

PayPal's Sales

PayPal's sales growth is 22.7% for the present quarter and 21.2% for the next. The company's growth estimates for the present quarter and the next is 15.1% and 48.5%, respectively.

PayPal's Revenue

Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 20.3B for the twelve trailing months.

PayPal's Stock Yearly Top and Bottom Value

PayPal's stock is valued at $234.95 at 09:57 EST, higher than its 52-week high of $231.15.

PayPal's Moving Average

PayPal's value is way above its 50-day moving average of $201.85 and way higher than its 200-day moving average of $189.16.

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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