Square's Cash App Isn't Slowing Down Venmo One Bit [The Motley Fool]
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: The Motley Fool
Net active additions have accelerated in each of the first three quarters. Square ( NYSE:SQ ) has had a ton of success with its Cash App over the last year or so. Earlier this year, third-party data indicated that Cash App downloads surpassed those of PayPal 's ( NASDAQ:PYPL ) Venmo, a competing peer-to-peer mobile payments service. However, despite Square's success, Venmo is growing faster than ever. For the third quarter in a row, Venmo posted yet again another record for net new actives, PayPal CEO Dan Schulman told investors during the company's third-quarter earnings call . The accelerating user growth has led to several other positive results for PayPal, including faster payment volume growth and an increasing number of customers using its monetized services. Image source: Venmo. PayPal's copycat products Square's Cash App's rapid growth is tied to a string of new product releases over the last couple of years. It offered in-app bitcoin buyin
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
- Tusima and Japan's Largest Aggregated Payment Platform Netstars Reached A Strategic Cooperation in the Offline Consumer Points Field [Yahoo! Finance]Yahoo! Finance
- Payment cards dominate e-commerce payments in New Zealand with 57% share, reveals GlobalData [Yahoo! Finance]Yahoo! Finance
- Remittance Market to Hit Enormous Growth of 10.50% By 2033 | Rise in Cross-border Transactions & Mobile-based Payments [Yahoo! Finance]Yahoo! Finance
- PayPal: New Growth Opportunities Observed - Promising Turnaround Could Be Ahead [Seeking Alpha]Seeking Alpha
- Checkout.com launches 'Flow,' a simple way to boost conversion online and improve the checkout flow [Yahoo! Finance]Yahoo! Finance
PYPL
Earnings
- 4/30/24 - Beat
PYPL
Sec Filings
- 5/9/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- 5/2/24 - Form DEFA14A
- PYPL's page on the SEC website