PayPal's Turnaround Plan May Include Sale of Itself

PayPal's CEO Enrique Lores is exploring a potential sale of the fintech company as part of his turnaround plan. The move could value PayPal at $53 billion.

PayPal Leaves Door Open to Higher Takeover Offer Following Earnings Beat

PayPal CEO Enrique Lores didn't fully shut down the idea of a deal with Stripe, suggesting the company may consider a higher offer. The company's recent earnings beat expectations, with adjusted profit of $1.38 per share and revenue up 5% year-over-year.