2024-02-23 08:05:00 ET
One of the pioneers of e-commerce is PayPal (NASDAQ: PYPL) . However, a number of new players emerging in digital payments have taken their toll on PayPal's business in recent years.
The company is currently at a crossroads as its core business continues to generate mundane results from quarter to quarter.
With the stock down nearly 80% in the last three years, it seems like investors have soured on PayPal and moved on. Even more concerning, management admitted to investors that 2024 may not bring a ton of growth.
For further details see:
1 Number PayPal Investors Won't Want to Miss