PayPal Shares Slip as Holiday Outlook Turns Cautious
Reading Time : 2 minutesPayPal’s stock dipped after its CFO warned that the company’s core checkout business may grow more slowly this holiday season. The comments raised concerns about weaker consumer spending, even though PayPal kept its overall forecast unchanged. Other services like Venmo and Buy Now Pay Later remain bright spots, but investors reacted to the softness in its main revenue driver.