PayPal Holdings, Inc. (PYPL) shares fell 19.81 percent to $41.97, down $10.37 on Tuesday, despite reporting higher fourth-quarter net income, as investors reacted negatively to weak guidance.
PayPal posted net income of $1.44 billion, or $1.53 per share, up from $1.12 billion, or $1.11 per share, a year earlier. Adjusted earnings were $1.23 per share, below analyst expectations of $1.29. Revenue increased to $8.68 billion from $8.37 billion. The company forecast a mid-single-digit decline in earnings per share for fiscal 2026.
The stock opened at $42.91 after closing at $52.33 and traded between $42.30 and $43.70 on the Nasdaq. Trading volume surged to about 54.05 million shares versus an average of 15.61 million. The 52-week range is $42.30 to $82.69.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.