PayPal Holdings Inc. Stock Outperforms Market On Strong Trading Day

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

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Company profile

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund invests at least 80% of its total assets in a diversified portfolio of common stocks. The Fund invests primarily in common stocks of United States issuers. The Fund may invest approximately 10% of its total assets in securities of foreign issuers, including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and European Depositary Receipts (EDRs). It invests in sectors, such as information technology, consumer discretionary, communication services, healthcare, financial services, industrials, consumer staples, utilities, energy, materials and real estate. Fund’s investment advisor is Eaton Vance Management (EVM). State Street Bank and Trust Company (SSBT) serves as a custodian of the Fund.

PayPal Holdings Inc. Stock Outperforms Market On Strong Trading Day

5:20 pm ET December 22, 2021 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PayPal Holdings Inc. (PYPL) rallied 1.34% to $191.68 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.02% to 4,696.56 and the Dow Jones Industrial Average rising 0.74% to 35,753.89. This was the stock's second consecutive day of gains. PayPal Holdings Inc. closed $118.48 below its 52-week high ($310.16), which the company achieved on July 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Visa Inc. Cl A (V) rose 1.20% to $217.96, Mastercard Inc. (MA) rose 1.92% to $357.48, and American Express Co. (AXP) rose 0.97% to $162.47. Trading volume (9.3 M) remained 7.9 million below its 50-day average volume of 17.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2021.

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December 22, 2021 17:20 ET (22:20 GMT)