While investors might be very familiar with payments businesses like Visa, Mastercard, PayPal, or Block, a company like Adyen probably flies under the radar. It's worth mentioning that Adyen's customer list includes some of the most well-known enterprises out there, like McDonald's, Spotify, and Microsoft. Since Adyen's founding in 2016, the company's story can be characterized as achieving rapid growth.
Despite the market's strong showing so far this year, PayPal (NASDAQ: PYPL) hasn't experienced the same success. What should you do with PayPal stock? There are some questions about why PayPal isn't growing faster, and some investors believe it is outdated in a world with so many payment options.
Did you buy at the pandemic highs and now your stock is in the red? What to do now.