PayPal Holdings Inc. Stock Rises Tuesday, Outperforms Market
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Shares of PayPal Holdings Inc. PYPL rallied 4.20% to $74.40 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 3,831.39 and the Dow Jones Industrial Average DJIA falling 0.42% to 30,967.82. This was the stock's second consecutive day of gains. PayPal Holdings Inc. closed $235.76 short of its 52-week high ($310.16), which the company achieved on July 26th.
The stock outperformed some of its competitors Tuesday, as Visa Inc. Cl A V rose 0.68% to $200.54, Mastercard Inc. MA rose 0.32% to $319.26, and American Express Co. AXP fell 0.53% to $139.65. Trading volume (12.8 M) remained 4.8 million below its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 5, 2022.
(END) Dow Jones Newswires
July 05, 2022 17:17 ET (21:17 GMT)
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