PayPal Holdings Inc. Stock Outperforms Market On Strong Trading Day
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Shares of PayPal Holdings Inc. (PYPL) inched 0.91% higher to $62.25 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
PayPal Holdings Inc. closed $40.78 short of its 52-week high ($103.03), which the company achieved on August 16th.
The stock outperformed some of its competitors Monday, as Apple Inc. (AAPL) fell 0.29% to $172.07, Alphabet Inc. Cl C (GOOGL) fell 0.81% to $116.96, and Alphabet Inc. Cl A (GOOGL) fell 0.85% to $116.51.
Trading volume (20.6 M) eclipsed its 50-day average volume of 13.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:21 ET (21:21 GMT)
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