American Express Stock – PayPal Holdings Inc. stock rises Friday, still underperforms market
Shares of PayPal Holdings Inc.
inched 0.53% higher to $253.36 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.74% to 4,232.60 and the Dow Jones Industrial Average
rising 0.66% to 34,777.76. This was the stock’s second consecutive day of gains. PayPal Holdings Inc. closed $55.78 short of 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 Friday, as Visa Inc. Cl A
rose 0.35% to $232.12, Mastercard Inc.
fell 0.02% to $375.40, and American Express Co.
rose 1.34% to $158.98. Trading volume (10.2 M) eclipsed its 50-day average volume of 8.1 M.