WEBVTT

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<v Speaker 1>PayPal Holding stock ticker symbol p y p L closed

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<v Speaker 1>at fifty nine dollars and forty four cents on Thursday,

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<v Speaker 1>December eighteenth, after dropping one point two per cent from

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<v Speaker 1>the previous close of sixty dollars and eighteen cents. According

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<v Speaker 1>to market Beat. It traded as low as fifty eight

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<v Speaker 1>dollars and ninety two cents that day, with pre market

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<v Speaker 1>activity on Friday showing it around fifty nine dollars and

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<v Speaker 1>fifty five cents per Google Finance. Trading volume surged to

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<v Speaker 1>approximately twenty three million, five hundred twenty six thousand shares,

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<v Speaker 1>which is eighty seven per cent above the average daily

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<v Speaker 1>volume of twelve million, six hundred thousand shares as reported

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<v Speaker 1>by market Beat. This elevated volume accompanied the decline, leaving

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<v Speaker 1>the stock below its fifty day moving average of sixty

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<v Speaker 1>five dollars and ten cents and two hundred day moving

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<v Speaker 1>average of sixty eight dollars and ninety four cents. Recent

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<v Speaker 1>news highlights mixed analyst sentiment. PayPal beat third quarter earnings

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<v Speaker 1>with one dollar an thirty four cents per share against

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<v Speaker 1>expectations of one dollar and twenty cents and revenue of

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<v Speaker 1>eight billion forty two million dollars versus eight billion twenty

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<v Speaker 1>one million dollars expected. Per market Beat, it guided fourth

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<v Speaker 1>quarter twenty twenty five earnings at one dollar twenty seven

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<v Speaker 1>cents to one dollar thirty one cents and full year

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<v Speaker 1>twenty twenty five at five dollars thirty five cents to

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<v Speaker 1>five dollars thirty nine cents. However, downgrades dominate. Morgan Stanley

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<v Speaker 1>cut PayPal to underweight from equal weight, slashing its price

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<v Speaker 1>target to fifty one dollars from seventy four dollars due

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<v Speaker 1>to checkout concerns and sluggish growth through twenty twenty eight.

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<v Speaker 1>According to investing dot Com and goo Focus. Baird shifted

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<v Speaker 1>from strong buy to hold on December twelfth. Evercore ISI

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<v Speaker 1>lowered its target to sixty five dollars on December eighth,

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<v Speaker 1>and Jeffrey's reduced to sixty dollars in November. Per market Beat,

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<v Speaker 1>consensus remains hold with twelve buys, three holds, and four

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<v Speaker 1>cells and an average price target of seventy eight dollars

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<v Speaker 1>and ninety seven cents, despite a low price to earnings

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<v Speaker 1>ratio of eleven dollars and ninety one cents and strong

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<v Speaker 1>payment volume competition from Stripe and agy in Pressure's margins

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<v Speaker 1>notes they invest options. Trading was active on December eighteenth,

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<v Speaker 1>with one hundred ninety thousand, two hundred ninety contracts Perfudin.

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<v Speaker 1>Thank you for tuning in and please subscribe. This has

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<v Speaker 1>been a quiet please production. For more checkout quiet please

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