Shares of PayPal Holdings Inc. PYPL,
shed 1.71% to $95.32 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
rising 0.23% to 32,803.47 and the S&P 500 Index SPX,
falling 0.16% to 4,145.19. This was the stock’s second consecutive day of losses. PayPal Holdings Inc. closed $201.38 below its 52-week high ($296.70), which the company reached on September 8th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl AV,
rose 1.12% to $215.87, Mastercard Inc. MA,
rose 0.40% to $357.51, and American Express Co. AXP,
rose 0.41% to $157.51. Trading volume (12.3 M) remained 3.1 million below its 50-day average volume of 15.4 M.