Stock Market Today: Dow falls nearly 150 points, S&P 500 and Nasdaq lose grip on brief gains
PayPal Holdings Inc.'s stock is one of the chief decliners in the S&P 500 on Thursday, off 3.2% after a downgrade at Bernstein. “While product velocity is improving, we remain worried about competitive pressures on the cash-cow core button, which often is still richly priced versus peers,” Bernstein’s Harshita Rawat wrote in a note to clients.