Share price plummets, market value evaporates by nearly half, PayPal attracts potential acquirers' interest

NightAirdropper · 2026-02-24T05:15:22+00:00

PayPal's stock price has plummeted nearly 50%, attracting acquisition interest from buyers and has already been in contact with several banks. At least one competitor is considering an overall acquisition, while others are interested in certain assets. The acquisition intentions are still in the preliminary stage and may not result in a deal.

NightAirdropper

2026-02-24 05:15:22

Abstract generation in progress

The Globe and Mail, February 24 — According to sources, PayPal (PYPL.US) is attracting acquisition interest from potential buyers after its stock price plummeted, causing nearly half of its market value to evaporate. The sources say that the California-based company has been in talks with multiple banks among interested parties. At least one major competitor is considering a full acquisition, while some other interested parties are only interested in certain assets of PayPal. The sources caution that the acquisition interest is still in the early stages and no deal is guaranteed. Founded in the late 1990s, PayPal is a pioneer in digital payments. However, the company is currently facing difficulties as more customers turn to alternative payment methods. Over the past 12 months, PayPal’s stock has fallen about 46%, with a market cap of approximately $38.4 billion. The stock briefly triggered a trading halt during the day but has since resumed trading, with an increase of 8%.

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