Visa – PayPal Holdings Inc. stock outperforms market on strong trading day
Shares of PayPal Holdings Inc.
inched 0.86% higher to $266.77 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.77% to 4,128.80 and the Dow Jones Industrial Average
rising 0.89% to 33,800.60. This was the stock’s eighth consecutive day of gains. PayPal Holdings Inc. closed $42.37 short of its 52-week high ($309.14), which the company achieved on February 16th.
The stock outperformed some of its competitors Friday, as Visa Inc. Cl A
rose 0.82% to $222.52, Mastercard Inc.
rose 0.62% to $380.08, and American Express Co.
rose 0.50% to $147.78. Trading volume (6.5 M) remained 3.5 million below its 50-day average volume of 10.0 M.