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Shares of PayPal Holdings Inc. PYPL slipped 0.73% to $72.37 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. PayPal Holdings Inc. closed $237.79 below its 52-week high ($310.16), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Tuesday, as Visa Inc. Cl A V rose 2.31% to $194.39, Mastercard Inc. MA rose 2.16% to $317.40, and American Express Co. AXP rose 0.40% to $144.76. Trading volume (14.9 M) remained 2.8 million below its 50-day average volume of 17.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.
(END) Dow Jones Newswires
June 21, 2022 17:17 ET (21:17 GMT)
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