PayPal shares fell sharply following a report that an Advent-Stripe consortium abandoned its efforts to buy the digital payments giant. Private payments company Stripe and private equity firm Advent had abandoned their pursuit of PayPal (PYPL), Bloomberg reported late Thursday, citing sources. The group reportedly offered $60.50 per share, or $53 billion, for PayPal in… Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
