PayPal just lost its $53 billion safety net
5 Articles
5 Articles
PayPal Shares Fall 12.7% as Stripe, Advent Reportedly Drop Takeover Bid
Advent International and Stripe have reportedly ended their pursuit of PayPal after making an offer worth more than US$50 billion. Bloomberg reported the decision, citing unnamed people familiar with the matter. The bidders could still revive their interest at a later stage. Reuters reported in July that Stripe and Advent had offered US$60.50 per share, [...] The post PayPal Shares Fall 12.7% as Stripe, Advent Reportedly Drop Takeover Bid appear…
PayPal Stock Sinks 12.7% as $53 Billion Bid Disappears and Turnaround Takes Over
NEW YORK, August 29, 2026, 20:10 EDT PayPal closed Friday at $53.66, down 12.71%, on 36.34 million shares.The abandoned Stripe-Advent proposal valued PayPal at $60.50 a share, or about $53 billion.Second-quarter revenue rose 5%, while GAAP operating margin fell 171 basis points.The $58.54 average analyst target implies 9.1% upside from Friday's close. PayPal Holdings Inc.…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium






