PayPal Shares Jump On Report Of Takeover Interest [zero hedge]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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US:NASDAQ Investor Relations:
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Source: zero hedge
PayPal Shares Jump On Report Of Takeover Interest PayPal shares were briefly halted due to volatility and are now up 9% after a Bloomberg report said the digital payments firm is attracting takeover interest from potential buyers , as the stock slid to a decade low. The report, based on unnamed sources, has not been confirmed by PayPal. Interest in a PayPal takeover is in the early stages , according to people familiar with the matter. They say the company has met with banks amid unsolicited interest from suitors . The sources described one of the suitors as a "large rival" looking to purchase the entire digital payments firm , while others are only interested in certain PayPal assets. Before the news hit, PayPal shares in New York were at 2017 lows (with a market capitalization of around $37 billion) and down more than 85% from the 2021 high of $291.48. Year to date, shares are down 30%. Wall Street analysts are largely neutral on the stock, with 12 "Buys," 31 "Holds," and six "Sells
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PYPL
News
- PYPL Investors Have Opportunity to Lead PayPal Holdings, Inc. Securities Fraud LawsuitPR Newswire
- PayPal (NASDAQ:PYPL) had its "sell" rating reaffirmed by analysts at Wolfe Research.MarketBeat
- PayPal (NASDAQ:PYPL) had its "market perform" rating reaffirmed by analysts at Raymond James Financial, Inc..MarketBeat
- April 20, 2026 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against PYPLGlobeNewswire
- PayPal Attracts Takeover Interest After Stock Slump [Yahoo! Finance Canada]Yahoo! Finance Canada
PYPL
Earnings
- 2/3/26 - Miss
PYPL
Sec Filings
- 2/19/26 - Form 4
- 2/18/26 - Form 4
- 2/18/26 - Form 144
- PYPL's page on the SEC website