I’m ever so melancholy today after reading about PayPal’s market plummet today.
No no just kidding. Here’s our story, which was actually sad.
PayPal cuts off our income; and keeps our money! No explanation.
Here’s some of Wall Street Journal’s reporting:
PayPal HoldingsĀ Inc. [PYPL -24.59% ] shares suffered their worst selloff on record after the company lowered its 2022 profit outlook and scrapped an ambitious growth strategy it put in place last year.
Shares in the payments company fell more than 24% on Wednesday to close at $132.57, erasing about $50 billion in market value.
Very sad day not.
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