PayPal Stock Went Up 39% in 2024, Outperforming the S&P 500 for the 1st Time in 3 Years

Shares of financial technology company PayPal (NASDAQ: PYPL) were up 39% in 2024, according to data provided by S&P Global Market Intelligence, compared to just a 23.3% return for the S&P 500.It's been a while since this stock was a market-beater. The reality is that PayPal stock underperformed the S&P 500 for three straight years, as the table below shows. And at the end of 2023, the stock was back where it had traded in 2017.Returns provided by data from YCharts. Table by author.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool