PayPal Holdings Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of PayPal Holdings Inc. (PYPL) shed 0.99% to $190.10 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 36,398.21 and the S&P 500 Index falling 0.10% to 4,786.35. PayPal Holdings Inc. closed $120.06 below its 52-week high ($310.16), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Tuesday, as Visa Inc. Cl A (V) rose 0.19% to $218.05, Mastercard Inc. (MA) rose 0.13% to $360.78, and American Express Co. (AXP) rose 0.01% to $164.41. Trading volume (7.9 M) remained 9.5 million below its 50-day average volume of 17.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2021.
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(END) Dow Jones Newswires
December 28, 2021 17:19 ET (22:19 GMT)
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