After the spin-off, many investors did not see the company growing as expected, and a massive sell-off of the PayPal stock ensued, leading to PayPal stock price falling as low as $30.82. PayPal indicated it was because eBay and PayPal wanted to be two stand-alone companies in order to capitalize on their individual growth opportunities. There was a lot of speculation around why the two companies split. Shortly after the Paypal’s IPO, it was acquired by eBay in July of 2002 for roughly $1.5 billion and valued at $23 a share. These two drops reflect the uncertainty that started during and immediately after PayPal completely split from its former parent company, eBay. Looking at PayPal stock price chart for 2015 you would see a relatively flat line, with the exception of two very noticeable drops around the end of Q2 and Q3 of 2015. The majority of the increase has taken place over the first three quarters of 2017. In the long term, the PayPal stock price has increased from about $35 to $64.03 (a/o 4/10/17), increasing roughly 75% in two-years’ time. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.PayPal stock price has continuously increased at a steady rate over the past years. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv.

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