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Shares of PayPal Holdings Inc. (PYPL) inched 0.73% higher to $75.52 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.05% to 4,138.12 and the Dow Jones Industrial Average falling 0.17% to 33,618.69.
This was the stock's third consecutive day of gains.
PayPal Holdings Inc. closed $27.51 short of its 52-week high ($103.03), which the company reached on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. (AAPL) fell 0.04% to $173.50, Alphabet Inc. Cl C (GOOGL) rose 1.91% to $108.24, and Alphabet Inc. Cl A (GOOGL) rose 2.08% to $107.77.
Trading volume (20.4 M) eclipsed its 50-day average volume of 10.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2023.
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May 08, 2023 17:22 ET (21:22 GMT)
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