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Shares of PayPal Holdings Inc. (PYPL) advanced 1.09% to $61.46 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
PayPal Holdings Inc. closed $41.57 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 Wednesday, as Apple Inc. (AAPL) rose 0.36% to $172.69, Alphabet Inc. Cl C (GOOGL) rose 1.16% to $121.48, and Alphabet Inc. Cl A (GOOGL) rose 1.11% to $120.84.
Trading volume (19.9 M) eclipsed its 50-day average volume of 14.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 17:20 ET (21:20 GMT)
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