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Shares of PayPal Holdings Inc. (PYPL) shed 1.63% to $62.00 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
PayPal Holdings Inc. closed $41.03 below its 52-week high ($103.03), which the company achieved on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) fell 1.52% to $171.56, Alphabet Inc. Cl C (GOOGL) fell 2.05% to $123.29, and Alphabet Inc. Cl A (GOOGL) fell 1.99% to $122.56.
Trading volume (16.8 M) eclipsed its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 17:20 ET (21:20 GMT)
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