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Shares of PayPal Holdings Inc. PYPL slid 2.24% to $75.94 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. The stock's fall snapped a three-day winning streak. PayPal Holdings Inc. closed $234.22 short of its 52-week high ($310.16), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Monday, as Visa Inc. Cl A V fell 0.95% to $203.56, Mastercard Inc. MA fell 0.51% to $328.83, and American Express Co. AXP fell 1.27% to $144.29. Trading volume (11.6 M) remained 6.7 million below its 50-day average volume of 18.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:17 ET (21:17 GMT)
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