Block, PayPal: Why Are New-Age Financial Stocks Having Such A Rough Year?
- Monday, February 28, 2022, 8:47
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Our theme of Fintech Stocks – which includes digital payments and lending players, card networks, and insurance technology players – has declined by about 21% year-to-date, considerably underperforming the S&P 500 which remains down by about 11% over the same period. This follows a near 22% decline.
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