PayPal stock has surged 17% since enabling Bitcoin purchases

Cointelegraph

Published Dec 14, 2020 04:24PM ET

Updated Dec 15, 2020 06:20PM ET

PayPal’s stock reached record highs on Monday, capping off a strong period of outperformance relative to the Nasdaq and broader U.S. stock market.

Since Nov. 12, the technology-focused Nasdaq has gained around 6.5%. The broad S&P 500 Index of large-cap stocks is up 3.5% over the same period.

PayPal stock’s 3-month performance. Source: barchart.com

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