Paypal's US stock rose as much as 6% before the market open.
Odaily Planet Daily reported that market information shows that PayPal's US stock price rose by up to 6% before the market opened. The company announced its financial results for the second quarter of fiscal year 2024, with net revenue increasing by 8% year-over-year to $7.9 billion, and transaction profit growing by 8% to $3.6 billion. As of June 30, 2024, the company's total cash, cash equivalents, and investments amounted to $18.3 billion, with total debt of $12.2 billion.
