Shares of PayPal Holdings Inc. PYPL, -1.89% inched 0.40% higher to $230.38 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, 0.11% rising 0.65% to 4,660.57 and the Dow Jones Industrial Average DJIA, -0.37% rising 0.29% to 36,157.58. The stock’s rise snapped a three-day losing streak. PayPal Holdings Inc. closed $79.78 short of its 52-week high ($310.16), which the company achieved on July 26th.
The stock outperformed some of its competitors Wednesday, as Visa Inc. Cl A V, 0.49% fell 0.50% to $208.10, Mastercard Inc. MA, 0.27% rose 0.29% to $329.43, and American Express Co. AXP, -0.11% fell 0.32% to $172.61. Trading volume (14.1 M) eclipsed its 50-day average volume of 8.6 M.