Why PayPal Stock Dropped 20% in November

Shares of fintech giant PayPal Holdings (NASDAQ: PYPL) were down 20% in November according to data provided by S&P Global Market Intelligence. The third-quarter earnings report showed decelerating growth rates, and general market volatility worked against the digital payments company. PayPal is the original peer-to-peer payments network, and between its PayPal payments, Venmo payments, and merchant business, it controls a large digital payments system that makes money from several streams.