Max Chen / ETF Trends
PayPal Weakness Drags on Internet, Fintech ETFs – Internet and financial technology-related exchange traded funds retreated on Wednesday after PayPal (NasdaqGS: PYPL) plunged on a mixed fourth quarter and weak 2022 outlook. On Wednesday, theFirst Trust Dow Jones Internet Index Fund (FDN) dropped 2.1%, theETFMG Prime Mobile Payments ETF (NYSEArca: IPAY) declined 3.2%, and theGlobal X FinTech ETF …
