Fast Gaining Stock To Watch: PayPal Holdings Inc (NASDAQ: PYPL)

May becomes a very fruitful month for Paypal’s stock (NASDAQ: PYPL) that has been growing by 20%. If we look at two months change $85 price could quickly turn into $150.86. For mid-term focused strategy this period is very short. How about April? The same scenario happened; from $91.38 to $123.00 PYPL jumps within that month. If a loyal stockholder kept his 1000 units of $85.26 price, $65,600 profit would appear in his trading account. So, there are some silently playing traders who do not want to brag that their wealth is growing. Well, the space is also available for anyone on such a bandwagon.

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Q1 2020 earnings could impact positively on Paypal’s stock since it does not have a significant fall in revenue but net income for common stockholders was battered severely. Moreover, total liabilities jumped by almost $3.9 billion.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life