PayPal Jumps 32.5% in July on Reported $53 Billion Stripe-Advent Bid
Updated
Updated · Yahoo Finance · Aug 11
PayPal Jumps 32.5% in July on Reported $53 Billion Stripe-Advent Bid
2 articles · Updated · Yahoo Finance · Aug 11
Summary
PayPal rose 32.5% in July, making it the S&P 500’s third-best performer after reports that Stripe and Advent International proposed a roughly $53 billion takeover.
The reported offer valued PayPal at about $60.50 a share, a notable premium to its pre-announcement price, and investors pushed the stock higher even though no deal has been agreed.
A combination would pair PayPal’s consumer wallet and merchant network with Stripe’s developer-focused payments infrastructure, but regulatory review and integrating two large tech platforms could be major hurdles.
Investor positioning was mixed heading into the bid reports: hedge fund holders slipped to 76 in Q1 2026 from 78 in Q4 2025, while Citadel increased its stake by 156%.