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PayPal’s Market Value Eclipses AmEx, Nears Morgan Stanley, Goldman

October 14, 2017 2:17 PM
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Mobile-payments company’s shares surge as market capitalization climbs to about $83 billion

PayPal Holdings Inc. vaulted over American Express Co. in terms of market value this week, punctuating a rally that has pushed up the payments company’s shares by nearly 75% since the start of 2017.

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