Published on 8 Oct 2021 on Market Watch
Shares of PayPal Holdings Inc. slipped 1.32% to $260.06 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.19% to 4,391.34 and Dow Jones Industrial Average falling 0.03% to 34,746.25. This was the stock's second consecutive day of losses. PayPal Holdings Inc. closed $50.10 short of its 52-week high ($310.16), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A fell 0.12% to $230.27, Mastercard Inc. rose 0.30% to $354.96, and American Express Co. rose 0.49% to $175.15. Trading volume (4.1 M) remained 1.8 million below its 50-day average volume of 5.9 M.