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Business

PayPal Plunges 15% After Reports That Advent, Stripe Abandon $53 Billion Bid

Forbes · August 28, 2026 at 9:39 AM

PayPal Plunges 15% After Reports That Advent, Stripe Abandon $53 Billion Bid

PayPal shares fell as much as 16% in premarket trading Friday after Bloomberg reported that Stripe and Advent International abandoned their pursuit of the company.

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