Paypal (PYPL) Surges 6.0%: Is This an Indication of Further Gains?

Paypal (PYPL) shares rallied 6% in the last trading session to close at $65.82. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.1% gain over the past four weeks.PayPal extended its rally, driven its portfolio strength. Growing customer engagement on the company’s platform is leading to increase in net new active accounts. Additionally, solid momentum of core peer to peer, buy now pay later services and PayP ...