PayPal Posts Upbeat Earnings, Joins Sprouts Farmers Market, Stanley Black & Decker, Phillips 66 And Other Big Stocks Moving Higher On Tuesday

Benzinga · Jul 30 22:46

U.S. stocks were mixed, with the Dow Jones index gaining more than 100 points on Tuesday.

Shares ofPayPal Holdings, Inc. (NASDAQ:PYPL) rose sharply during Tuesday's session after the company reported better-than-expected second quarter financial results.

PayPal reported fiscal second-quarter revenue growth of 8% year over year to $7.89 billion, beating the analyst consensus estimate of $7.81 billion. The company reported a quarterly adjusted EPS of $1.19, beating analyst consensus estimates of 98 cents, according to data from Benzinga Pro.

PayPal shares surged 8.5% to $63.98 on Tuesday.

Here are some other big stocks recording gains in today's session.

JetBlue Airways...

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PayPal Posts Upbeat Earnings, Joins Sprouts Farmers Market, Stanley Black & Decker, Phillips 66 And Other Big Stocks Moving Higher On Tuesday

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