Published on 25 Jan 2022 on MarketWatch
PayPal stock heads for longest losing streak on record; analyst says it’s ‘overly punished’
PayPal Holdings Inc. shares were on pace for their ninth-straight day of declines on Tuesday amid what one analyst sees as “very negative” sentiment toward the financial-technology powerhouse.
The stock is off 1.2% in afternoon trading, and were down 16.3% over a nine-session span. If the stock finishes the day in negative territory, it would notch its longest losing streak on record, according to Dow Jones Market Data.