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Shares of PayPal Holdings Inc. (PYPL) slipped 3.44% to $193.61 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,697.96 and Dow Jones Industrial Average falling 0.75% to 35,601.98. This was the stock's third consecutive day of losses. PayPal Holdings Inc. closed $116.55 below its 52-week high ($310.16), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A (V) fell 1.21% to $200.86, Mastercard Inc. (MA) fell 2.44% to $339.72, and American Express Co. (AXP) fell 1.52% to $173.54. Trading volume (24.3 M) eclipsed its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 19, 2021.
(END) Dow Jones Newswires
November 19, 2021 17:18 ET (22:18 GMT)
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