PayPal (PYPL, Financial) experienced a 9.17% decline in its stock price, closing at $81.30. The company's fourth-quarter financial results showed a 4% year-over-year increase in net revenue, reaching $8.37 billion, surpassing market expectations of $8.27 billion. Additionally, PayPal's adjusted earnings per share were reported at $1.19, exceeding the anticipated $1.13.
Despite these positive figures, PayPal faced challenges with its operating profit margin, which fell by 431 basis points to 17.2%. Furthermore, the number of payment transactions processed during the period decreased by 3%, contributing to the stock's decline.
