🟢 PayPal is trading 18.3% up today after a $53B takeover bid from Stripe and Advent

PayPal is trading 18.3% up at ARS 10840.00 following news of a proposed $53 billion takeover offer from Stripe and Advent International.

• The reported bid of $60.50 per share represents approximately a 28% premium to the stock's prior trading levels.
• The stock is reacting primarily to the potential take-private deal, extending yesterday’s sharp gains despite broader markets and major cryptocurrencies trading lower.
• The acquisition proposal from Stripe and Advent International would value the company at roughly $53 billion if finalized.