PayPal closed down about 11% on Friday.
The trigger: Bloomberg reported that the Advent International and Stripe consortium walked away from a buyout worth more than $50bn. The stock had run up more than 40% during the quarter on takeover speculation.
We broke down what the collapsed deal actually leaves behind:
→ Full breakdown: https://marketchacha.com/post/bg23qe
This article is for educational and informational purposes only. It is not financial advice, investment recommendation, or a solicitation to buy or sell securities. Investing involves significant risks. I am not a SEBI-registered investment advisor. Readers should consult their own financial advisor and conduct their own research before making any investment decisions.
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