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PayPal Holdings, Inc. (PYPL), headquartered in San Jose, California, operates a technology platform enabling digital payments for merchants and consumers. Valued at $68.81 billion by market cap, the leader in digital payment solutions makes moving money, selling, and shopping simple, personalized, and secure. The company serves consumers and businesses in approximately 200 markets.
The global digital payments giant has underperformed the broader market considerably over the past year. PYPL has declined 13.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 19%. In 2024, shares of PYPL are up 6.4%, while the SPX is up 14.2% on a YTD basis.