PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
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PayPal experienced a global outage affecting multiple products for about two hours on Thursday, November 21. The outage lasted from 10:53 UTC to 12:59 UTC.
November 21, 2024 | 4:00 pm
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PayPal experienced a global outage affecting multiple products for two hours, which may cause short-term volatility in its stock price.
The global outage could lead to short-term negative sentiment among investors, potentially causing a temporary dip in PayPal's stock price. However, since the issue was resolved quickly, the long-term impact may be minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100