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Why PayPal Stock Just Crashed

The Motley Fool·
Why PayPal Stock Just Crashed

PayPal rejected a $60.50 per share acquisition offer from Stripe, Advent, and Block worth $53 billion, seeking higher compensation. After the bidders withdrew their offer, PayPal stock plummeted 12% to $54. However, the stock remains fairly valued at under 12x earnings with potential for future acquisition interest.

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