PayPal Holdings Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of PayPal Holdings Inc. (PYPL) advanced 2.05% to $88.59 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,160.68 and the Dow Jones Industrial Average rising 0.80% to 33,180.14. This was the stock's second consecutive day of gains. PayPal Holdings Inc. closed $221.57 short of its 52-week high ($310.16), which the company achieved on July 26th.
The stock outperformed some of its competitors Tuesday, as Visa Inc. Cl A (V) rose 0.73% to $214.50, Mastercard Inc. (MA) rose 1.08% to $364.02, and American Express Co. (AXP) rose 1.00% to $168.69. Trading volume (9.9 M) remained 7.7 million below its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2022.
(END) Dow Jones Newswires
June 07, 2022 17:17 ET (21:17 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.