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PayPal Stock Jumps Nearly 20 Percent After Report of $53 Billion Takeover Offer

PayPal Holdings shares surged nearly 20 percent in premarket trading on Wednesday, July 15, 2026, after a report said the payments company had received a takeover offer valuing it at more than $53 billion, a deal that has not been confirmed or finalized. The move came alongside a wave of second quarter earnings from BlackRock, Morgan Stanley, Elevance Health, and Johnson & Johnson, plus a surprise dip in June's Producer Price Index and nine IPOs set to price the same day.