PayPal Holdings Inc. stock outperforms competitors on strong trading day

PayPal Holdings Inc. stock outperforms competitors on strong trading day

Shares of PayPal Holdings Inc. PYPL, +2.14% advanced 2.14% to $271.72 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.18% rising 0.18% to 4,187.62 and the Dow Jones Industrial Average DJIA, -0.18% falling 0.18% to 33,981.57. This was the stock’s second consecutive day of gains. PayPal Holdings Inc. closed $37.42 below its 52-week high ($309.14), which the company reached on February 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Visa Inc. Cl A V, +0.15% rose 0.15% to $230.34, Mastercard Inc. MA, +0.11% rose 0.11% to $387.47, and American Express Co. AXP, +4.16% rose 4.16% to $150.34. Trading volume (5.3 M) remained 3.6 million below its 50-day average volume of 8.9 M.

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