PayPal Shares Drop 12.7% After $53 Billion Offer Fails, Highlighting Margin Pressure
PayPal Holdings fell $7.81 on Friday, wiping out the takeover premium linked to speculation about a $53 billion offer.
Roman Perkowski is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He graduated from the Cracow University of Economics and worked in investment research and corporate finance before becoming a financial journalist. Follow Roman Perkowski on Google News.
