102.00 -2.09 (-2.01%)
After hours: 5:39PM EST
|Bid||102.00 x 3100|
|Ask||102.50 x 1800|
|Day's range||103.12 - 105.38|
|52-week range||76.70 - 121.48|
|Beta (3Y monthly)||0.96|
|PE ratio (TTM)||48.87|
|Earnings date||28 Jan 2020 - 3 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||126.00|
The deal for the seven-year-old platform that finds and applies coupon codes on popular sites and helps consumers save money will add to PayPal's ability to help merchants deliver offers, PayPal said. PayPal and its mobile payment service Venmo have more than 275 million active consumer accounts. The deal is expected to close in 2020 and would add to PayPal's adjusted profit in 2021.
PayPal on Wednesday unveiled its most ambitious attempt yet to move beyond its core payments business, as it announced the $4bn acquisition of private ecommerce company Honey. The deal — the biggest in PayPal’s history — will bring the company a new source of data and insights into online shopping behaviour, paving the way for it to reach deeper into online purchases and offer a wider range of services to both consumers and merchants. The acquisition comes as the online payments company faces a new wave of competition from internet giants like Apple and Google, leading it to search for new ways to cement its ties with customers.
PornHub, owned by Luxembourg-headquartered company MindGeek, said it was "devastated by PayPal's decision to stop payouts to over a hundred thousand performers who rely on them for their livelihoods". MindGeek did not respond to a Reuters request for comment.
Uber’s stock sank to a record low Wednesday, as early investors and employees took advantage of the first opportunity they had to unload the stock since the ride-hailing giant’s disastrous IPO six months ago.
As the government continues to struggle with whether Facebook (FB) should be separated from all its parts, the company has taken another measure to ensure that it's virtually impossible.
The UK’s Labour Party wants to stop Google’s acquisition of Fitbit. The UK previously delayed PayPal’s closing of the iZettle acquisition.
Square (SQ) is set to report its quarterly financial results after the closing bell on Wednesday, November 6. The fintech firm has struggled over the last year. Now the question is will earnings be the positive catalyst that Square stock needs?
Facebook (FB) shares have jumped 11% in the past month and the social company recently topped quarterly estimates amid ongoing political scrutiny. The question is should investors buy Facebook stock right now?
Alternative options, such as cryptocurrencies or payment platforms like PayPal (PYPL), may impact banks in the long term. They are here to stay.
The vast majority of big and small web retail companies are increasingly looking abroad for growth opportunities, data from Visa shows.
For most investors, the earnings season is a high-stake environment. Here's a summary of Microsoft's and PayPal's performance in their last quarter.
China president Xi Jinping said that his party must focus on bumping up investments in blockchain technology. This helped blockchain-related stocks, including bitcoin, scale north.