PayPal just jumped 6% today while most financial stocks were tanking. Apparently Bloomberg is reporting that some big competitor might be interested in buying them out, either the whole company or just pieces like Venmo and Braintree. Honestly not shocking given the stock is down like 87% from its peak and the CEO just bailed after his turnaround strategy flopped. The latest earnings were a disaster too. What's wild is the stock is now trading at only 8.2x earnings, which is dirt cheap. But yeah, at this point a buyout might actually be the best case scenario for shareholders. Hard to see a real turnaround happening without some kind of sale. Guess we'll see if any of these rumors actually materialize.

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