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Shares of PayPal Holdings Inc. (PYPL) rallied 1.43% to $60.22 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
The stock's rise snapped a three-day losing streak.
PayPal Holdings Inc. closed $42.81 short of its 52-week high ($103.03), which the company achieved on August 16th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 1.41% to $175.43, Alphabet Inc. Cl C (GOOGL) rose 0.87% to $125.43, and Alphabet Inc. Cl A (GOOGL) rose 0.92% to $124.61.
Trading volume (20.6 M) eclipsed its 50-day average volume of 15.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 17:20 ET (21:20 GMT)
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