What's Going On With PayPal Stock Wednesday?
PayPal Holdings is edging higher Wednesday, rebounding after a multi-day selloff tied to the collapse of a potential $53 billion buyout offer.
PayPal's stock price went down for several days because a big company decided not to buy it for $53 billion, but the stock is starting to go back up today. When a deal falls apart, watch how a company does on its own—that tells you if people think it can still be successful.
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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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