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Shares of PayPal Holdings Inc. (PYPL) slipped 1.22% to $87.51 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. The stock's fall snapped a two-day winning streak. PayPal Holdings Inc. closed $222.65 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 Wednesday, as Visa Inc. Cl A (V) fell 0.47% to $213.50, Mastercard Inc. (MA) fell 0.46% to $362.33, and American Express Co. (AXP) fell 1.62% to $165.96. Trading volume (9.1 M) remained 8.4 million below its 50-day average volume of 17.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 17:17 ET (21:17 GMT)
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