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Shares of PayPal Holdings Inc. (PYPL) slid 1.07% to $225.78 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.37% to 4,697.53 and the Dow Jones Industrial Average rising 0.56% to 36,327.95. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $84.38 below its 52-week high ($310.16), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A (V) rose 3.78% to $216.67, Mastercard Inc. (MA) rose 3.98% to $348.79, and American Express Co. (AXP) rose 2.41% to $176.69. Trading volume (16.6 M) eclipsed its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2021.
(END) Dow Jones Newswires
November 05, 2021 17:19 ET (21:19 GMT)
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