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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.
(END) Dow Jones Newswires
December 22, 2021 17:20 ET (22:20 GMT)
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