"PayPal's Stock Surges Ahead of Key Event, Investors Missing the Big Picture"

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Source: MarketWatch
"PayPal's Stock Surges Ahead of Key Event, Investors Missing the Big Picture"
Photo: MarketWatch
TL;DR

PayPal's stock is on a three-day rise, up 12.1%, and set for its best three-day stretch in 14 months, despite facing a recent downgrade from Mizuho analyst Dan Dolev. Concerns about margins and competition from Apple Pay have been raised, but Chief Executive Alex Chriss aims to reassure investors with plans to unveil new innovations at an upcoming event.

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