PayPal Holdings Inc. stock outperforms market despite losses on the day

PayPal Holdings Inc. stock outperforms market despite losses on the day

Shares of PayPal Holdings Inc. PYPL, -1.26% shed 1.26% to $184.89 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.90% falling 1.90% to 4,567.00 and Dow Jones Industrial Average DJIA, -1.86% falling 1.86% to 34,483.72. This was the stock’s third consecutive day of losses. PayPal Holdings Inc. closed $125.27 below its 52-week high ($310.16), which the company reached on July 26th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Visa Inc. Cl A V, -1.28% fell 1.28% to $193.77, Mastercard Inc. MA, -2.50% fell 2.50% to $314.92, and American Express Co. AXP, -3.52% fell 3.52% to $152.30.true Trading volume (21.1 M) eclipsed its 50-day average volume of 14.2 M.

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