803. PayPal Crashes After EPIC FAIL | Crypto Adoption Catalyst
Oct 11, 2022 ·
33m 21s
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Description
Over the weekend, social media lit up on speculation that PayPal was considering fining users $2,500 over misinformation. Shares of PayPal (PYPL) crashed Monday about 6%, dipping into the September...
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Over the weekend, social media lit up on speculation that PayPal was considering fining users $2,500 over misinformation. Shares of PayPal (PYPL) crashed Monday about 6%, dipping into the September lows. PayPal quickly apologized over the weekend for what it called “confusion,” claiming it was all just an error, but not before a a deluge of criticism from a number of high-profile individuals—including its own former president, David Marcus. This was also terrible timing as it coincides with a week of massive earnings calls for several major companies, which may turn out to be quite grim.
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~This episode is sponsored by Bybit~
Receive up to a $500 Bonus upon depositing & signing up to Bybit.
Join Now! - https://bit.ly/ByBitPBN2
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| Author | Rever Networks |
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