PAYPAL Stock Volatility | PayPal (PYPL.US) Plummets by Over 8.8%, Prior to Increasing 2025 Earnings Forecast

Sources close to Zhongtong Finance APP have learned that on Tuesday, PayPal (PYPL.US) stock prices plummeted, with a decline of over 8.8% as of the publication time, reaching $71.27. This is based on the growth momentum of various businesses under its umbrella, including Venmo payment platforms, which has led to an upward revision of earnings forecast for 2025. The financial report shows that the net profit after adjustment reached $1.37 billion in the second quarter, a year-on-year increase of 10%; and adjusted diluted earnings per share of $1.40 exceeded analysts' expectations. On Tuesday, the company announced in a statement that it expects its adjusted earnings per share to reach $5.15 to $5.30 in 2025, an upgrade from the previously forecasted range of $4.95 to $5.10.