PayPal’s Dance: A Brief Respite

The markets as a whole decided to indulge in a bit of buoyancy Tuesday. The S&P 500 rose 0.77% to 6,890, and the Nasdaq Composite managed a 1.04% climb to 22,864. Such movements, of course, are rarely driven by rational thought. Within the credit services arena, Adyen, a rival, dipped 1.08% to $11. One suspects the differing trajectories simply reflect a nuanced understanding of which payment platforms are best positioned to extract wealth from the unsuspecting public.






