Shares of PayPal Holdings Inc. PYPL, -2.97% slipped 2.97% to $86.07 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.51% falling 1.51% to 3,585.62 and Dow Jones Industrial Average DJIA, -1.71% falling 1.71% to 28,725.51. This was the stock’s second consecutive day of losses. PayPal Holdings Inc. closed $187.44 below its 52-week high ($273.51), which the company achieved on October 20th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A V, -1.34% fell 1.34% to $177.65, Mastercard Inc. MA, -0.85% fell 0.85% to $284.34, and American Express Co. AXP, -2.09% fell 2.09% to $134.91. Trading volume (10.6 M) remained 3.5 million below its 50-day average volume of 14.1 M.