PayPal Makes Venmo a Standalone Unit as Buyers Circle
PayPal splits Venmo into own unit to boost clarity and value; restructures company, cuts complexity, shares rise on news.
PayPal splits Venmo into own unit to boost clarity and value; restructures company, cuts complexity, shares rise on news.
Full list of ratings for payments stocks including Visa, Mastercard, PayPal & more.
BofA reinstates coverage with Buy ratings on Visa, Mastercard, Block, Affirm, Klarna — Neutral on PayPal.
PayPal denies being in acquisition discussions with Stripe amid recent rumors. The company is preparing defenses against activists or takeovers after a stock drop, as new CEO Enrique Lores prepares to start.
Stripe is exploring buying all or parts of PayPal in early talks. This could shake up online payments, but nothing is final yet.
PayPal is drawing interest from buyers following a sharp fall in its share price. New CEO starts soon amid competition challenges.