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Shares of PayPal Holdings Inc. (PYPL) advanced 3.04% to $62.05 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's second consecutive day of gains.
PayPal Holdings Inc. closed $40.98 short of its 52-week high ($103.03), which the company achieved on August 16th.
The stock outperformed some of its competitors Tuesday, as Apple Inc. (AAPL) rose 1.07% to $177.30, Alphabet Inc. Cl C (GOOGL) fell 0.63% to $124.64, and Alphabet Inc. Cl A (GOOGL) fell 0.75% to $123.67.
Trading volume (21.2 M) eclipsed its 50-day average volume of 15.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 17:20 ET (21:20 GMT)
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