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With a market cap of $66.6 billion, PayPal Holdings, Inc. (PYPL) is a global leader in digital payments, revolutionizing commerce for over 25 years through innovative, secure, and personalized financial solutions that empower consumers and businesses in nearly 200 markets. Operating a trusted two-sided network, it connects millions of merchants and consumers worldwide, simplifying how money is moved, spent, and received across the global economy.
The technology platform and digital payments company's shares have lagged behind the broader market over the past 52 weeks. PYPL stock has decreased 13.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.1%. Moreover, shares of the company are down 18.4% on a YTD basis, compared to SPX’s 17.2% gain.