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Shares of PayPal Holdings Inc. (PYPL) shed 2.48% to $182.95 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $127.21 below its 52-week high ($310.16), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Monday, as Visa Inc. Cl A (V) fell 2.30% to $211.97, Mastercard Inc. (MA) fell 1.55% to $363.91, and American Express Co. (AXP) fell 0.37% to $173.74. Trading volume (14.7 M) remained 1.2 million below its 50-day average volume of 15.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
(END) Dow Jones Newswires
January 10, 2022 17:19 ET (22:19 GMT)
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