Visa – PayPal Holdings Inc. stock underperforms Tuesday when compared to competitors
Shares of PayPal Holdings Inc.
slipped 3.45% to $250.16 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the S&P 500 Index
falling 0.67% to 4,164.66. This was the stock’s fourth consecutive day of losses. PayPal Holdings Inc. closed $58.98 below its 52-week high ($309.14), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Visa Inc. Cl A
fell 0.25% to $232.03, Mastercard Inc.
fell 0.92% to $375.91, and American Express Co.
fell 0.17% to $154.53. Trading volume (9.0 M) eclipsed its 50-day average volume of 8.2 M.