PYPL
PayPal Holdings, Inc. Common Stock
stock NASDAQ

SOFI indeed playinf last years PYPL. Big dump ahead 🫡

BIDU at -65% is rough. I held that one for a while back in 2021 and every time it looked like bottom, it found new basement. China ADR stuff always feels like catching a falling knife with gloves on.

ZS recovering from -65% gives some hope though. My worst right now is probably PYPL, down around 40% and I keep telling myself the valuation is cheap but market doesn't care what I think.

...PayPal said no to 60, so they will say no to 60 again. ERGO, if you want to buy PYPL, youre gonna need to spend more then $60.

Before takeover speculation began in February, PYPL was around $43–44. It was around $47 immediately before the formal $60.50 bid leaked. Once the bid disappeared, the stock quickly returned to roughly $53.
So saying “PYPL crossed $60, therefore Stripe needed to pay materially above $60” was somewhat circular. The market price incorporated both the $60.50 offer and the probability of a higher counterbid.

It wasnt the last buyer who balked it was PYPL, which answers your question

Apparently there may be a new buyer for PYPL. I hope theyre offering $80.