PayPal Stock Slides as Company Transformation Weighs on Guidance—Key Price Levels to Watch

Key TakeawaysPayPal shares fell after the digital payments company issued weaker-than-expected guidance for the first quarter and full year amid a company transformation.The company posted fourth-quarter earnings that surpassed analysts' expectations due to a strong holiday season.The PayPal share price may find support around $46.50 from the lower trendline of a descending channel if a deeper earnings retracement occurs over the coming weeks. PayPal Holdings, Inc. Source: TradingView.com.Shares in digit ...