PayPal’s Market Value Soars Past American Express

PayPal’s shares have climbed close to 75 percent in 2017 and now is considered more valuable than American Express; their market cap has doubled since spinning off from eBay in 2015; while it now finds itself on the heels of Morgan Stanley and Goldman Sachs there is still some who fear they might be valued a bit too high; acquisitions, product diversification and partnership agreements have helped push the company in the last year. Source.