Insight on How Businesses Hit By COVID-19 Face Holdbacks from Payment Processors
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.paypal-corp.com
Company Research
Source: PR Web
LAS VEGAS (PRWEB) July 07, 2020 COVID-19 has had a catastrophic impact on the global economy, from worldwide travel restrictions to the mandated closures of much of the retail and hospitality industries. As a result, the number of cardholders demanding refunds and/or initiating chargebacks has skyrocketed. Without incoming revenue, many merchants have been unable to satisfy these financial obligations, and Payment Processors around the globe are left holding the bag.According to a recent article from The Wall Street Journal services like PayPal and Square are amongst those hit the hardest: "Businesses that charge customers up front for goods and services they promise to deliver in the future are particularly at risk. Among PayPal's merchants in travel and events, some companies recently were paying out more in refunds than they were taking in with new bookings," PayPal Chief Financial Officer John Rainey stated at a May investor conference.Payment processors are ultimately liable f
Show less
Read more
Impact Snapshot
Event Time:
PYPL
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PYPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PYPL alerts
High impacting PayPal Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
PYPL
News
- Bitcoin's halving event is set for Friday or Saturday—why it's hard to say exactly when [Fortune]Fortune
- Should You Sell PayPal Holdings (PYPL)? [Yahoo! Finance]Yahoo! Finance
- Payment Gateway Market worth $48.4 billion by 2029, growing at a CAGR of 12.6%: Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Singapore-Licensed Triple-A to Offer PayPal Stablecoin Support [BNN Bloomberg (Canada)]BNN Bloomberg
- PayPal Holdings, Inc. (NASDAQ: PYPL) had its price target raised by analysts at Sanford C. Bernstein from $66.00 to $68.00. They now have a "market perform" rating on the stock.MarketBeat
PYPL
Earnings
- 2/7/24 - Beat
PYPL
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PYPL's page on the SEC website