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flag PayPal shares dropped 4.8% after takeover rumors conflicted, amid weak earnings and leadership transition.

flag PayPal shares fell 4.8% to $45.05 amid conflicting reports about a potential takeover, with Semafor stating Stripe is not involved, contradicting a prior Bloomberg report that had suggested otherwise. flag The stock initially rose nearly 19% on takeover speculation but reversed course as uncertainty grew. flag PayPal has not initiated formal sale discussions, though it continues preparing for possible activist campaigns or hostile takeovers, a process begun under former CEO Alex Chriss. flag The company’s weak fourth-quarter results, missing earnings and revenue expectations, contributed to investor concern. flag Incoming CEO Enrique Lores is set to take over next week.

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