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Shares of PayPal Holdings Inc. (PYPL) rose 1.26% to $64.18 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
The stock's rise snapped a two-day losing streak.
PayPal Holdings Inc. closed $38.85 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 Thursday, as Apple Inc. (AAPL) rose 0.11% to $173.75, Alphabet Inc. Cl C (GOOGL) rose 4.11% to $116.90, and Alphabet Inc. Cl A (GOOGL) rose 4.31% to $116.57.
Trading volume (27.9 M) eclipsed its 50-day average volume of 13.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 17:21 ET (21:21 GMT)
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