PayPal Holdings' (NASDAQ: PYPL) stock price popped 9% on Aug. 3 after the digital payments company posted its second-quarter results. The abrupt departure of its longtime CFO John Rainey in May raised additional red flags, and investors grew increasingly concerned about PayPal's ability to keep growing as inflation throttled consumer spending. Part of that year-over-year decline can be attributed to tough comparisons to its release of credit reserves throughout 2021, but it was also exacerbated by higher investments in its digital wallet, e-commerce, cryptocurrency, and buy now, pay later (BNPL) services.