PayPal (NASDAQ:PYPL), a global digital payments technology platform, closed Tuesday at $47.02, up 6.74%. The stock rose after fresh reports detailed unsolicited takeover interest and potential suitors, and investors are watching whether formal offers or asset-sale plans emerge next.Trading volume reached 57.8 million shares, about 187% above its three-month average of 20.1 million shares. PayPal IPO'd in 2015 and has grown 24% since going public. How the markets moved today The broader markets advanced T ...

PayPal Holdings stock is under selling pressure. What’s pulling PYPL shares down?Takeover Interest Follows Leadership ShakeupPayPal has drawn takeover interest after its shares lost more than 40% over the past year, prompting discussions with banks about potential bids from competitors. PayPal stock traded higher on Monday on reports about a potential deal, but it’s giving back some of the gains on Tuesday. The company recently appointed HP Inc CEO Enrique Lores as its new CEO, effective March 1, after a su ...