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Shares of PayPal Holdings Inc. (PYPL) slumped 0.38% to $204.64 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.82% to 4,646.71 and Dow Jones Industrial Average falling 0.66% to 36,079.94. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $105.52 below its 52-week high ($310.16), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Visa Inc. Cl A (V) rose 1.19% to $215.56, Mastercard Inc. (MA) rose 3.86% to $357.94, and American Express Co. (AXP) rose 0.85% to $181.39. Trading volume (23.5 M) eclipsed its 50-day average volume of 10.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2021.
(END) Dow Jones Newswires
November 10, 2021 17:19 ET (22:19 GMT)
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