Author: Emily Bary

PayPal’s ‘battleground’ stock sees longest winning streak in years. Earnings are on deck.

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PayPal Holdings Inc. has been a “battleground stock,” according to Bernstein analyst Harshita Rawat — with some investors worried about competition for the company’s core checkout busines, and others hopeful that the current management team will be able to execute better than past leaders.

Looking at a short window, PayPal’s stock PYPL is on a hot run — it logged its eighth session in a row of gains Friday, and is ahead almost 7% over that period. It’s the stock’s longest winning streak since a 10-session one that ended April 13, 2021, according to Dow Jones Market Data.

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