Several media reports suggest PayPal Holdings Inc (NASDAQ: PYPL) may acquire Pinterest Inc (NYSE: PINS) for $70 per share, valuing the company at around $48 billion.
Paypal Holdings Inc. (NASDAQ: PYPL) shares are trading lower Thursday following a Wednesday Bloomberg report suggesting the company is exploring the purchase of Pinterest.
With more and more people going out as COVID-19 cases drop and vaccination rates rise, customers are emptying their pockets at beauty supply stores for makeup, hair care products and more.
PayPal Holdings Inc (NASDAQ: PYPL) traded lower Wednesday following reports suggesting the company is in late-stage talks to acquire Pinterest Inc (NYSE: PINS) for $70 per share.
Paypal Holdings Inc (NASDAQ: PYPL) shares are trading lower following a Bloomberg report titled 'PayPal Exploring a Purchase of Social Media Firm Pinterest.'