PayPal stock slips in late trade after Fed minutes; here’s what PYPL investors are watching next
PayPal shares fell 0.6% to $59.14 in thin afternoon trading Tuesday, underperforming a subdued U.S. market after Federal Reserve minutes showed a “finely balanced” rate-cut decision. Investors are watching early January jobs and inflation data, as well as PayPal’s next earnings report, expected February 3.