PayPal is trading 15.08% down at $52.20 in pre-market after Advent International and Stripe withdrew their proposed takeover on August 28, 2026.
- The consortium abandoned its previously reported $53 billion pursuit, removing takeover-premium expectations.
- PayPal’s board viewed the offer as inadequate and faced regulatory and financing concerns.
- The sharp decline is company-specific, not explained by modestly mixed futures.