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Shares of PayPal Holdings Inc. (PYPL) slid 3.31% to $181.01 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $129.15 below its 52-week high ($310.16), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Thursday, as Visa Inc. Cl A (V) fell 0.33% to $215.00, Mastercard Inc. (MA) rose 0.60% to $369.52, and American Express Co. (AXP) fell 0.68% to $173.29. Trading volume (12.7 M) remained 3.2 million below its 50-day average volume of 15.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
(END) Dow Jones Newswires
January 13, 2022 17:19 ET (22:19 GMT)
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