PayPal's Misstep: What a Failed Buyout Says About the Fintech Giant's Valuation PayPal's shares took a hit last week after news broke that a Stripe led group was backing out of its $53 billion bid to acquire the fintech company.
The rejection has left many wondering if the market is undervaluing PayPal, and whether this setback could be an opportunity for long term investors.
Options traders are betting big on a rebound in PYPL shares, with some predicting a 14% rally within the next four months. However, it's worth examining the underlying factors that led to the failed buyout.