PayPal Holdings Inc. Stock Outperforms Market On Strong Trading Day
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Shares of PayPal Holdings Inc. PYPL advanced 2.34% to $72.90 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.22% to 3,674.84 and the Dow Jones Industrial Average DJIA falling 0.13% to 29,888.78. PayPal Holdings Inc. closed $237.26 short of its 52-week high ($310.16), which the company achieved on July 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Visa Inc. Cl A V rose 0.51% to $190.01, Mastercard Inc. MA rose 0.62% to $310.69, and American Express Co. AXP rose 4.86% to $144.18. Trading volume (16.5 M) remained 1.3 million below its 50-day average volume of 17.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 17, 2022.
(END) Dow Jones Newswires
June 17, 2022 17:17 ET (21:17 GMT)
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