Published on 6 Oct 2021 on Benzinga
Cathie Wood-led Ark Invest on Tuesday lowered its exposure in PayPal Holdings Inc (NASDAQ: PYPL) on the day shares of the payments company rose.
Shares of Paypal closed 2% higher at $260.15 a share on Tuesday. The stock has a 52-week high of $310.16 a share and has risen 12.2% so far this year.