PayPal (PYPL) Stock: Takeover Report Sends Stock Surging 9%

TLDR PayPal surged up to 9% Monday after Bloomberg reported the company has attracted unsolicited takeover interest. At least one large rival is eyeing a full acquisition; others are interested in specific assets only. Trading was briefly halted for volatility before closing up 5.8% at $44.05 — the top S&P 500 stock that day. The [...]

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