PayPal’s stock is down 6%, with an analyst noting that growth in branded-checkout volume seems to have trailed buy-side expectations.

PayPal (PYPL) stock plunged as the company reported a decline in payment transactions, despite earnings beating on both the top and bottom

PayPal easily beat quarterly estimates for earnings and sales and issued solid guidance, but it wasn’t enough to boost the stock.The fintech stock fell 11% to $79.35 on Tuesday, and was on pace for its largest daily percentage decrease in nearly a year,