Likefolio’s Landon Swan discusses PayPal (PYPL) consumer sentiment data. “Compared to competitors, it’s not great,” he says, noting holiday spending was down. However, their subsidiary Venmo continues to grow, creating a bright spot. “The main business is struggling, it’s not doing great despite some solid efforts,” he continues. Rival Shopify (SHOP) is far ahead of them, Landon argues.

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