PayPay's Nasdaq Debut Sparks 16% Surge on Dual Listing Hopes

Friday, Mar 13, 2026 10:14 pm ET1min read
PAYP--

PayPay Corp. (NASDAQ:PAYP) surged 16.41% to $21.14 on Friday, fueled by investor appetite and reports of potential dual listing on the Tokyo Stock Exchange after its successful US market debut, raising $880 million in fresh funds. The SoftBank-backed group had sold 54.98 million American depositary shares, representing its common shares.

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