IPAY - PayPal fintech names advance after late October pullback

Ahead of its Q3 earnings due after the close today, PayPal Holdings (PYPL) moves up 2.3% in morning trading in New York.Other fintech names are on the rise, too. Square (SQ) rises 2.4%, LendingClub (LC) jumps 6.9% and Fiserv (FISV) rises 1.7%.The fintech gains could indicate that the pullback since mid-October was overdone; between Oct. 12 and Oct. 30, the ETFMG Prime Mobile Payments ETF ([[IPAY]] +1.2%) declined 12%.See PYPL's normalized net income (trailing twelve months) vs. rivals Square and Fiserv over the past five years:IPAY lags the S&P 500 in late October:Previously: PayPal Q3 2020 Earnings Preview (Nov. 1)

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PayPal, fintech names advance after late October pullback