Moshe Katri, managing director at Wedbush Securities, says he believes PayPal's revenue growth will accelerate after the company reported earnings. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
Shares of PayPal rose 2.4% in extended trading after the digital payments company posted fourth-quarter revenues and profits that surpassed consensus analyst expectations. The company also said it added 16 million net new accounts in its fourth quarter and that total payment volume rose 39% from a year earlier.
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Shares of PayPal rose 2.4% in extended trading after the digital payments company posted fourth-quarter revenues and profits that surpassed consensus analyst expectations. The company also said it added 16 million net new accounts in its fourth quarter and that total payment volume rose 39% from a year earlier.
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Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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