PayPal Stock Went Up 39% in 2024, Outperforming the S&P 500 for the 1st Time in 3 Years
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PayPal's stock increased by 39% in 2024, outperforming the S&P 500 for the first time in three years, which had a return of 23.3%.
January 12, 2025 | 4:30 pm
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POSITIVE IMPACT
PayPal's stock rose by 39% in 2024, outperforming the S&P 500 for the first time in three years.
The significant increase in PayPal's stock price by 39% in 2024, compared to the S&P 500's 23.3% return, indicates strong performance and investor confidence. This outperformance, being the first in three years, suggests a positive market sentiment towards PayPal, likely leading to a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100