Published Aug 28, 2026, 4:40 PM ET · Updated 3 months ago · 1 source
PayPal's stock plummets due to failed buyout and market share loss
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Original Report
PayPal's stock plummeted 12% following the collapse of a $50 billion leveraged buyout by Advent Stripe, as the company faces challenges in modernizing its payment technologies and has lost market share to competitors such as Apple and Alphabet, despite a new CEO setting financial goals.