PayPal Holdings Inc. (PYPL) Dips 6.27%

PayPal Holdings Inc. (PYPL) Dips 6.27%

PayPal Holdings Inc. is a PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions.

Among the S&P 500’s biggest fallers on Thursday March 04 was PayPal Holdings Inc. (PYPL). The stock experienced a 6.27% decline to $239.07 with 18.55 million shares changing hands.

PayPal Holdings Inc. started at an opening price of 251.76 and hit a high of $254.80 and a low of $232.27. Ultimately, the stock took a hit and finished the day at $15.99 per share. PayPal Holdings Inc. trades an average of n/a shares a day out of a total 1.17 billion shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. PayPal Holdings Inc. hit a high of $309.15 and a low of $82.07 over the last year.

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 377 million active accounts at the end of 2020, including 29 million merchant accounts. The company also owns Xoom, an international money transfer business, and Venmo, a person-to-person payment platform.

With its headquarters located in San Jose, CA, PayPal Holdings Inc. employs 26,500 people. After today’s trading, the company’s market cap has fallen to $279.99 billion, a P/S of n/a, a P/B of 13.99, and a P/FCF of n/a.

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