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Is PayPal Set for a Reversal?

Is PayPal Set for a Reversal?

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PayPal Holdings Inc.’s ( PYPL , Financial) share price capitulation over the past year started once fake news circulated claiming the company wanted to acquire Pinterest Inc. ( PINS , Financial) in a $20 billion deal. The market viewed the transaction as overvalued and started selling the stock aggressively before PayPal publically announced that it had no intention of acquiring Pinterest.

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