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Barchart
Barchart
Sushree Mohanty

Down 16% From 52-Week Highs, Is PayPal Stock a Buy Now?

PayPal

Fintech company PayPal (PYPL) has quickly gained global recognition for its user-friendly platform that provides services in 25 currencies and over 200 countries. However, slowing growth has caused a drop in the company's stock price, which is down 16.5% from its 52-week high. 

The stock has also gained just 6% year to date, while the broader S&P 500 Index ($SPX) has gained 10%.

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