PayPal Holdings Inc
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Information Technology : IT Services | Large Cap Growth
Company profile

PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom, iZettle, and Hyperwallet products and services, comprise its Payments Platform. It operates a two-sided network that links its customers around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. The Company allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds. It enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. The Company also offers consumers person-to-person (P2P) payment solutions through its PayPal Website and mobile application, Venmo and Xoom.

Closing Price
$178.42
Day's Change
-2.59 (-1.43%)
Bid
--
Ask
--
B/A Size
--
Day's High
182.00
Day's Low
175.40
Volume
(Above Average)
Volume:
14,374,445

10-day average volume:
12,697,038
14,374,445

PayPal Holdings Inc. Stock Underperforms Thursday When Compared To Competitors

5:18 pm ET November 18, 2021 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PayPal Holdings Inc. (PYPL) slid 2.80% to $200.50 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.34% to 4,704.54 and the Dow Jones Industrial Average falling 0.17% to 35,870.95. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $109.66 short of its 52-week high ($310.16), which the company achieved on July 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Visa Inc. Cl A (V) fell 0.84% to $203.33, Mastercard Inc. (MA) fell 3.05% to $348.22, and American Express Co. (AXP) fell 1.89% to $176.21. Trading volume (19.9 M) eclipsed its 50-day average volume of 12.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2021.

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(END) Dow Jones Newswires

November 18, 2021 17:18 ET (22:18 GMT)

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