Markets
PayPal Drops 13% as Stripe and Advent Walk Away From Takeover Bid
Crypto Daily·August 28, 2026·1 min read
PayPal shares fell 13% in premarket trading after reports that Stripe and Advent International abandoned their $53 billion takeover pursuit. The news triggered a sharp sell-off, reflecting investor disappointment over the collapsed deal. PayPal's stock decline highlights the impact of failed acquisition talks on market sentiment and the company's valuation.
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