PayPal Shares Fall After Takeover Bid Collapse; Gap Surges on Earnings

US equity markets saw notable movement as PayPal dropped following the withdrawal of a joint acquisition attempt by Stripe and Advent, while Gap jumped on strong quarterly results.

28 Aug, 13:38 — 28 Aug, 13:38

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bloombergHigh3d ago

PayPal Drops on Deal News; Gap Soars on Earnings | Stock Movers

On this episode of Stock Movers: - PayPal (PYPL) shares are declining after a consortium of Advent and Stripe has decided to abandon its pursuit of PayPal, according to people familiar with the matter. - Marvell Technology (MRVL) shares are lower following its second-quarter fiscal 2027 earnings report, despite edging past Wall Street expectations on both profit and revenue. - Gap (GAP) shares are soaring after the apparel retailer raised both its adjusted earnings per share and adjusted gro...

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PayPal Shares Fall After Takeover Bid Collapse; Gap Surges on Earnings

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PayPal Drops on Deal News; Gap Soars on Earnings | Stock Movers

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