PayPal Stock Falls After Reports That Advent, Stripe Abandon $50 Billion Bid
PayPal Holdings shares are trading lower following reports that a consortium of Advent and Stripe walked away from pursuing the company.
Two big companies stopped trying to buy PayPal, so PayPal's stock price went down. When companies aren't being bought, people wonder what's next, so it's worth watching what PayPal does on its own.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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