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Shares of PayPal Holdings Inc. PYPL rallied 5.24% to $77.68 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 3.06% to 3,911.74 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. This was the stock's third consecutive day of gains. PayPal Holdings Inc. closed $232.48 below its 52-week high ($310.16), which the company reached on July 26th.
The stock outperformed some of its competitors Friday, as Visa Inc. Cl A V rose 4.51% to $205.51, Mastercard Inc. MA rose 4.34% to $330.50, and American Express Co. AXP rose 3.18% to $146.15. Trading volume (29.8 M) eclipsed its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 17:17 ET (21:17 GMT)
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