PayPal Stock Is Down More Than 80% Over the Past 5 Years. Michael Burry Is Buying the Dip.

Michael Burry, famous for predicting the 2008 housing crash, has taken a position in PayPal Holdings (PYPL), arguing that the stock’s significant decline is due to a “technical mess” in the software and fintech sectors, rather than broken fundamentals. He believes the selloff, accelerated by private credit concerns, is nearing an end and highlights PayPal’s insulation from private credit risks. Despite challenges in branded checkout, PayPal shows strong growth in other areas like Venmo and Buy Now, Pay Later, with new leadership focused on improved execution.

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