Why PayPal just lost a $50 billion buyout.

Transcript

PayPal stock dropped about thirteen percent in a single day after Stripe and Advent International walked away from a fifty billion dollar buyout. The consortium had offered sixty dollars and fifty cents a share. PayPal's board said it wasn't enough, weeks of negotiation went nowhere, and the bidders just left. Here's the thing. PayPal's stock had already run up thirty percent on rumors of this exact deal, so most of today's drop isn't new bad news, it's old optimism getting corrected. What's real is the unbranded checkout problem investors are watching, payment processing where the PayPal name never shows up, and it might carry thinner margins than everyone hoped. With no buyer left at the table, PayPal has to prove its turnaround alone, in public, one earnings report at a time.