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PayPal Trading Volume Drops 49.81% to $527 Million, Ranks 163rd in Daily Volume
Generated by AI AgentAinvest Volume Radar
Monday, Jun 2, 2025 7:53 pm ET1min read
On June 2, 2025,
(PYPL) saw a trading volume of $527 million, marking a 49.81% decrease from the previous day. The stock price rose by 0.92%, placing it at the 163rd position in terms of trading volume for the day.Truist Securities initiated coverage on PayPal Holdings Inc. (NASDAQ: PYPL) with a Sell rating, setting a price target of $68. The firm's analysis suggests that the company's gross profit growth is expected to fall short of market expectations.
Truist Financial's research note on Monday indicated a cautious outlook for the Payments and FinTech sector, assigning a "sell" rating and a $68.00 target price for PayPal. This move reflects the firm's belief in the company's potential underperformance in the near future.
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