I continue to assign a Hold rating to PayPal Holdings, Inc. (PYPL). In my article published earlier on August 24, 2021, I compared PayPal Holdings with its peer Block, Inc. (SQ) which was formerly known as Square, and highlighted that “PayPal’s growth is expected to slow in 2H 2021.” This article focuses on PayPal Holdings’ recent share price drop and assesses how this affects the company’s future outlook and its attractiveness as an investment candidate.
