PayPal Getting Less From Each Transaction, Q3 Mixed

By | October 29, 2015

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PayPal (PYPL) stock fell Thursday as the payment company said its take rate slipped, and analysts found good and bad in the Q3 earnings report. Late Wednesday, PayPal posted Q3 revenue that missed analyst expectations and gave Q4 EPS guidance that also fell short. It was the company’s first earnings report since it was spun out of eBay (EBAY). PayPal stock was down 1.5% in afternoon trading in the stock market today, near 36. Paypal has an IBD Scalper1 News

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