What is the relationship between PayPal and Nasdaq in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

At the closing bell on the Nasdaq exchange, PayPal was up 5.42 percent at $40.47, equating to a market capitalization of more than $49 billion.

Answer: stock_exchange