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flag PayPal's stock drops 4.2%, despite beating earnings and revenue estimates in the latest report.

flag PayPal's stock fell by 4.2% on Friday, trading as low as $57.32, with a significant drop in trading volume. flag Despite this, PayPal's earnings report on February 4th showed earnings per share (EPS) of $1.19, exceeding the consensus estimate of $1.11. flag Revenue was $8.37 billion, also beating estimates. flag Analysts predict a 5.03 EPS for the year. flag Institutional investors like Dynamic Technology Lab have increased their stakes, while others like Ashburton Jersey have reduced theirs. flag The company operates a digital payment platform connecting merchants and consumers.

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