29
Apr
Why is PayPal stock so expensive? The answer isn’t obvious, but combined with its huge growth, boom-and-bust market cycle and some of the most powerful investors in the world, it’s enough to make you want to sell your PayPal stock. As of this writing, PayPal stock has a market cap of $46 billion. That’s a lot of money, but is it worth it? Let’s dig into the stock price and see if it’s worth your time. What is PayPal Stock? PayPal is a buyer-beware company. Its main function is to take money from people and send it to others. It…