PYPL ▼ -12.8% - PayPal Holdings, Inc.
$PYPL Advent, Stripe Consortium Reportedly Drops Pursuit of PayPal ? • A consortium involving Advent and Stripe has reportedly dropped its pursuit of PayPal.
PayPal shares fell 12.8% after reports that a consortium including Advent and Stripe has abandoned its pursuit of acquiring the company. The failed takeover bid removes a potential catalyst that investors had been pricing into the stock, eliminating the prospect of a premium acquisition price for shareholders.
28-AUG-2026 05:12 AM ET
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