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Shares of PayPal Holdings Inc. (PYPL) rallied 3.46% to $63.03 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
The stock's rise snapped a two-day losing streak.
PayPal Holdings Inc. closed $40.00 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 0.55% to $174.20, Alphabet Inc. Cl C (GOOGL) rose 2.13% to $125.87, and Alphabet Inc. Cl A (GOOGL) rose 1.87% to $125.05.
Trading volume (20.1 M) eclipsed its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 17:21 ET (21:21 GMT)
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