Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.0274442538593482 -0.00686106346483706 -0.00686106346483706
Stock impact report

PayPal's transformation emphasizes Venmo, cross-border opportunities [Yahoo! Finance]

BigCommerce Holdings, Inc. - Series 1 (BIGC) 
Company Research Source: Yahoo! Finance
Total revenue for the quarter that ended March 31, 2024, rose 9%, to $7.7 billion, from $7 billion during the same period a year earlier, while total payment volume increased 14%, to $404 billion, from $355 billion year over year. Payment transactions per active account were up 13% for the quarter, to 60, compared with 53 from the same period a year earlier. During a conference call to discuss the results, Chriss credited PayPal's progress to a variety of moves to streamline processes for enterprises and small businesses that accept PayPal and Venmo. He also cited "surgical changes" to improve efficiencies and control costs. "We also see substantial need for continued retooling of the company," Chriss said, noting that 2024 will be a year of transition — and critical choices about which parts of the business to build up or abandon. Xoom, PayPal's cross-border payments unit, will stay, Chriss said. After closely evaluating options for the "stagnating" business that has been unde Show less Read more
Impact Snapshot
Event Time:
BIGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BIGC alerts
Opt-in for
BIGC alerts

from News Quantified
Opt-in for
BIGC alerts

from News Quantified