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Shares of PayPal Holdings Inc. PYPL dropped 0.49% to $71.47 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.27% to 31,029.31 and the S&P 500 Index SPX falling 0.07% to 3,818.83. This was the stock's third consecutive day of losses. PayPal Holdings Inc. closed $238.69 below 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 Wednesday, as Visa Inc. Cl A V rose 0.70% to $199.50, Mastercard Inc. MA rose 1.35% to $322.59, and American Express Co. AXP fell 1.91% to $139.47. Trading volume (11.3 M) remained 6.7 million below its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 29, 2022.
(END) Dow Jones Newswires
June 29, 2022 17:17 ET (21:17 GMT)
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