PayPal Holdings Inc. Stock Underperforms Thursday When Compared To Competitors

James River Group Holdings Ltd

Change company Symbol lookup

Select an option...

JRVR James River Group Holdings Ltd

DIDIY DiDi Global Inc

SHOP Shopify Inc

NTR Nutrien Ltd

APGN Apexigen Inc

NSRGY Nestle SA

WE WeWork Inc

NOK Nokia Oyj

HLNE Hamilton Lane Inc

SAL Salisbury Bancorp Inc

Financials : Insurance | Small Cap Value
Based in Bermuda

Company profile

James River Group Holdings, Ltd. owns and operates a group of specialty insurance and reinsurance companies. It operates in four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance and Corporate and Other. Excess and Surplus Lines segment offers commercial excess and surplus lines liability and property insurance. Specialty Admitted Insurance segment approaches the insurance market in two ways: as a risk bearing underwriter, and as a fronting company. Its risk bearing underwriting is focused on niche classes within the insurance markets, such as workers’ compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare worker. Casualty Reinsurance segment primarily provides proportional and working layer casualty reinsurance to third parties (primarily through reinsurance intermediaries). Corporate and Other segment consists of the management and treasury activities of its holding companies.

PayPal Holdings Inc. Stock Underperforms Thursday When Compared To Competitors

5:17 pm ET June 9, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PayPal Holdings Inc. (PYPL) slid 3.89% to $84.11 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $226.05 short of its 52-week high ($310.16), which the company achieved on July 26th.

The stock underperformed when compared to some of its competitors Thursday, as Visa Inc. Cl A (V) fell 3.46% to $206.11, Mastercard Inc. (MA) fell 3.68% to $349.00, and American Express Co. (AXP) fell 3.00% to $160.98. Trading volume (11.7 M) remained 5.7 million below its 50-day average volume of 17.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.

(END) Dow Jones Newswires

June 09, 2022 17:17 ET (21:17 GMT)