PayPal stock turns choppy after Stripe takeover talk — what traders watch next (PYPL)
PayPal shares fell 0.5% to $46.77 on Wednesday after surging nearly 7% Tuesday on reports Stripe is considering acquiring all or part of the company, according to Bloomberg and Reuters. PayPal and Stripe declined to comment. Investors await updates at PayPal’s March 10 Wolfe Fintech Forum appearance and May 5 Q1 earnings call.