Stripe and Advent abandon the $50B PayPal buyout, thoughts on the selloff?
u/PortfolioTrackr ·
Reddit — r/stocks
· August 29, 2026 at 10:17
· ⬆ 22 pts
· 💬 16 comments
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Just saw this report on[ yahoo finance](https://finance.yahoo.com/markets/stocks/articles/paypal-stock-drops-buyout-plans-194551912.html) noting that Stripe and Advent have officially walked away from acquiring PayPal.
feels like this was kind of inevitable, once paypal’s board rejected the initial bid for being too low, a lot of the momentum deflated, it was basically driven by takeover speculation. Now that the buyout premium is gone, PYPL seems to be getting dragged back down to where the market actually values the business.
anyone actually buying the dip and betting on a turnaround under the new CEO? or is pypl basically dead money nw that the deal is officially dead?