PayPal in Self-Inflicted Trouble

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By Luc Olinga The financial services platform is at the heart of a big self-created controversy. PayPal (PYPL) – Get PayPal Holdings Inc. Report is in trouble. The financial services platform has been in a major decline since the beginning of the year. Its stock price has fallen 52.2% since January. The market value has decreased by nearly $114 billion during that period to $104.3 billion. Profitability concerns surrounding fintech have grown in recent months as fears of a recession have taken precedence over all other considerations with investors. Investors fear that the aggressive increase …

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