PayPal falls after earnings as eBay phases it out 'faster than expected' (PYPL)
Shares of PayPal fell as much as 6.5% Thursday after the company lowered its yearly revenue estimate and announced delays in key product integrations.
The company faces headwinds from an accelerated phase out of its platform on eBay. The decoupling of the two companies is coming "faster than expected" and further emphasizes PayPal's need for new partnerships, according to a digital payments analyst.
Venmo, a subsidiary of PayPal, saw 70% growth in payment volume year-over-year. The company expec
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