American Express Stock – PayPal Holdings Inc. stock rises Thursday, still underperforms market
Shares of PayPal Holdings Inc.
inched 0.37% higher to $240.80 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.22% to 4,112.50 and the Dow Jones Industrial Average
rising 1.29% to 34,021.45. PayPal Holdings Inc. closed $68.34 short of its 52-week high ($309.14), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Thursday, as Visa Inc. Cl A
rose 1.56% to $223.74, Mastercard Inc.
rose 0.95% to $360.02, and American Express Co.
rose 1.17% to $154.08. Trading volume (7.3 M) remained 703,324 below its 50-day average volume of 8.0 M.