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Shares of PayPal Holdings Inc. (PYPL) advanced 1.71% to $63.05 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
PayPal Holdings Inc. closed $39.98 below its 52-week high ($103.03), which the company achieved on August 16th.
The stock outperformed some of its competitors Thursday, as Apple Inc. (AAPL) rose 1.60% to $180.09, Alphabet Inc. Cl C (GOOGL) rose 0.81% to $124.37, and Alphabet Inc. Cl A (GOOGL) rose 0.69% to $123.72.
Trading volume (16.6 M) eclipsed its 50-day average volume of 15.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:21 ET (21:21 GMT)
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