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PayPal (NASDAQ:PYPL) shares surged as the company beat analysts’ expectations. Despite the better than expected results, long-term issues remain, with growth declining to single-digits, to 9%. The company is facing numerous issues, and management has not taken the steps necessary to remain competitive. Markets had been expecting high single-digit growth as late as Q4 2021, but results have not lived up to expectations. Competitors such as Square (NYSE:SQ) continue to eat into Paypal‘s market share, and the trajectory the company is on is not ideal. Q2 2022 hedge fund letters, conferences and m…