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Shares of PayPal Holdings Inc. PYPL rose 2.23% to $71.40 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA rising 1.05% to 31,097.26. The stock's rise snapped a four-day losing streak. PayPal Holdings Inc. closed $238.76 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 1.16% to $199.18, Mastercard Inc. MA rose 0.87% to $318.24, and American Express Co. AXP rose 1.28% to $140.40. Trading volume (9.7 M) remained 8.3 million below its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.
(END) Dow Jones Newswires
July 01, 2022 17:17 ET (21:17 GMT)
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