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Monday, November 18, 2024

US politician suspiciously offloads huge amount of PayPal (PYPL) stock

US politician suspiciously offloads huge amount of PayPal (PYPL) stock

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The stock price of payment giant PayPal (NASDAQ: PYPL)  continues to face significant pressure, losing considerable value as the new management strives to revive the company’s fortunes. 

The sell-off has recently accelerated, with the stock recording a notable 4% plunge within 24 hours from the last recorded price of $60.71.

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