Paypal Holdings Inc (PYPL)

Index:

Nasdaq 100

$ 71.35
   
  • Change Today:
    $-0.14
  • 52 Week High: $91.81
  • 52 Week Low: $57.81
  • Currency: US Dollars
  • Shares Issued: 993.00m
  • Volume: 2,000,288
  • Market Cap: $70,846m
  • RiskGrade: 212

PayPal not pursuing acquisition of Pinterest

By Michele Maatouk

Date: Monday 25 Oct 2021

LONDON (ShareCast) - (Sharecast News) - PayPal is not pursuing an acquisition of Pinterest "at this time", the company said on Sunday.
PayPal released the one line statement in response to a press report last week about a potential $45bn (£33bn) deal.

Bloomberg reported last Wednesday that California-based PayPal had recently approached Pinterest about a potential deal. It cited people familiar with the matter as saying that the companies had discussed a price of around $70 a share, which would represent a 26% premium to Pinterest's closing share price on Tuesday.

Pinterest shares tumbled on the news and by 1020 BST, were down 10.6% at $51.90 in pre-market trade. PayPal shares were up 6.2% at $255.25.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PYPL Market Data

Currency US Dollars
Share Price $ 71.35
Change Today $ -0.14
% Change -0.19 %
52 Week High $91.81
52 Week Low $57.81
Volume 2,000,288
Shares Issued 993.00m
Market Cap $70,846m
RiskGrade 212

What The Brokers Say

Strong Buy 8
Buy 11
Neutral 24
Sell 1
Strong Sell 1
Total 45
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 28-May-2025

Time Volume / Share Price
11:19 100 @ $71.35
11:19 100 @ $71.35
11:19 100 @ $71.35
11:19 100 @ $71.35
11:19 100 @ $71.35

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