PayPal Holdings Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of PayPal Holdings Inc. (PYPL) slipped 1.43% to $178.42 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's third consecutive day of losses. PayPal Holdings Inc. closed $131.74 below its 52-week high ($310.16), which the company reached on July 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Visa Inc. Cl A (V) fell 0.15% to $214.67, Mastercard Inc. (MA) rose 0.71% to $372.14, and American Express Co. (AXP) fell 2.82% to $168.40. Trading volume (14.3 M) remained 1.8 million below its 50-day average volume of 16.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 14, 2022.
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January 14, 2022 17:20 ET (22:20 GMT)
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