PayPal Stock Plummets 87% Since 2021 Peak, But Shows Signs of Slowing Decline

PayPal stock has plummeted 87% since July 2021, sparking investor apprehension amid market volatility.

The rate of decline has slowed since June 2022, with a more moderate 18% drop over 4 months.

PayPal faces challenges from emerging competition and evolving digital transactions.

The $50 level is considered strong support that could stabilize PayPal's stock.

PayPal aims to boost financials through cost-cutting and new revenue streams after stock and legal troubles.