PayPal Stock Price Gains 15% as Stripe, Advent Pursue $53 Billion Deal

The post PayPal Stock Price Gains 15% as Stripe, Advent Pursue $53 Billion Deal appeared first on Coinpedia Fintech News

PayPal stock is making headlines across Wall Street after reports that Stripe and Advent International are pursuing a $53 billion acquisition of the fintech giant. The proposed deal sparked a nearly 15% premarket rally in PYPL stock, instantly turning one of the market’s biggest laggards into one of its strongest performers. As investors digest the …