PayPal Jumps 19% on a $53 Billion Stripe-Advent Bid, But Burry Says $60.50 Is Still Too Cheap
PayPal jumped as much as 19% after Stripe and Advent International reportedly offered $60.50 a share, valuing the payments giant at more than $53 billion. Michael Burry says the offer is still too cheap -- here's the numbers, the bull/bear split, and what it means for the rest of payments.