PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.
Source: [MarketWatch](https://www.marketwatch.com/story/a-53-billion-lifeline-stripe-and-advent-reportedly-team-up-to-bid-for-battered-paypal-3bc6fcc2?mod=mw_rss_topstories)