Published on 14 Jan 2022 on Market Watch
PayPal Holdings Inc. stock underperforms Friday when compared to competitors
Shares of PayPal Holdings Inc. slipped 1.43% to $178.42 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's third consecutive day of losses. PayPal Holdings Inc. closed $131.74 below its 52-week high ($310.16), which the company reached on July 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Visa Inc. Cl A fell 0.15% to $214.67, Mastercard Inc. rose 0.71% to $372.14, and American Express Co. fell 2.82% to $168.40. Trading volume (14.3 M) remained 1.8 million below its 50-day average volume of 16.1 M.