Shares of PayPal Holdings Inc.
inched 0.87% higher to $73.24 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.65% to 3,919.29 and the Dow Jones Industrial Average
rising 1.06% to 32,155.40. The stock’s rise snapped a two-day losing streak. PayPal Holdings Inc. closed $49.68 short of its 52-week high ($122.92), which the company reached on April 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc.
rose 1.41% to $152.59, Alphabet Inc. Cl C
rose 2.83% to $94.25, and Alphabet Inc. Cl A
rose 3.14% to $93.97. Trading volume (12.5 M) remained 839,779 below its 50-day average volume of 13.3 M.