PayPal Holdings Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of PayPal Holdings Inc. (PYPL) inched 0.17% higher to $192.01 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's third consecutive day of gains. PayPal Holdings Inc. closed $118.15 short of 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 Thursday, as Visa Inc. Cl A (V) fell 0.61% to $216.62, Mastercard Inc. (MA) rose 0.87% to $360.58, and American Express Co. (AXP) rose 1.06% to $164.19. Trading volume (7.7 M) remained 9.8 million below its 50-day average volume of 17.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
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December 23, 2021 17:19 ET (22:19 GMT)
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