Paypal Holdings Inc (PYPL)

Index:

Nasdaq 100

$ 67.41
   
  • Change Today:
    $1.36
  • 52 Week High: $91.81
  • 52 Week Low: $57.24
  • Currency: US Dollars
  • Shares Issued: 993.00m
  • Volume: 11,151,457
  • Market Cap: $66,938m
  • 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.

Email this article to a friend

or share it with one of these popular networks:


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 $ 67.41
Change Today $ 1.36
% Change 2.06 %
52 Week High $91.81
52 Week Low $57.24
Volume 11,151,457
Shares Issued 993.00m
Market Cap $66,938m
RiskGrade 212

What The Brokers Say

Strong Buy 7
Buy 9
Neutral 24
Sell 1
Strong Sell 1
Total 42
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 17-Oct-2025

Time Volume / Share Price
16:00 788,876 @ $67.41
15:59 304 @ $67.41
15:59 200 @ $67.42
15:59 185 @ $67.42
15:59 111 @ $67.42

Top of Page