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tz-plus logo Paypal: Stripe rumors trigger stock fireworks!

M. Blattmann
Reading Time: 3 minutes

On Wall Street, a report from Bloomberg on Tuesday sparked new euphoria, leading to a 6.7% surge in the shares of the US payment service provider. The trigger is a concrete scenario that the fintech giant Stripe is considering a partial or full acquisition of the recently pressured company. Already at the start of the week, the stock had gained around 6% due to initial speculation. Market observers see the current valuation as an invitation for investors; Mizuho Securities argues that the stock is "significantly undervalued given that it is one...

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