PayPal has beaten earnings expectations more often than not but usually a green price reaction will be small (1 to 5 %) while a red move will be big (5 to 10 %).
Considering the price is hovering around its multi-year low level and that the current 52-week range sits between $55.02 and $90.93, the current price at $56.62 is screaming high risk high reward opportunity. Of course, there’s no guarantee it won’t drop even lower.
Do you see PYPL going below $50 or above $60 on earnings in two weeks?