PayPal stock price soars amid acquisition rumors

LootboxPhobia · 2026-02-24T10:27:26+00:00

PayPal's stock price rose as much as 9% on Monday amid reports of potential acquisition interest. The news said that PayPal was meeting with banks to discuss a buyout, and investors reacted strongly to this news, causing significant stock volatility. Although competitors are interested in acquiring, buyer interest remains in the early stages, and the deal is not yet certain.

LootboxPhobia

2026-02-24 10:27:26

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Investing.com - PayPal Holdings Inc. (NASDAQ: PYPL) stock surged by 9% on Monday morning after Bloomberg reported that the payment company has attracted acquisition interest from potential buyers.

Trading of PayPal shares was temporarily halted due to extreme volatility.

According to sources cited by Bloomberg, the California-based company has held meetings with banks after receiving unsolicited acquisition interest. The sources said at least one major competitor is exploring the possibility of acquiring the entire company, while other interested parties are focusing on specific assets of PayPal.

The sources warned that buyer interest is still in the early stages and may not lead to a deal. A PayPal spokesperson declined to comment on the report.

The sharp price fluctuations reflect market reactions to the potential acquisition scenario, as PayPal’s stock has significantly declined over the past year. The stock has fallen about 46% in the last 12 months, reducing the company’s market value to approximately $38.4 billion.

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