Synchrony Financial Stock Underperforms Monday When Compared To Competitors
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Shares of Synchrony Financial (SYF) shed 1.40% to $28.87 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.04% to 4,167.87 and Dow Jones Industrial Average falling 0.14% to 34,051.70.
The stock's fall snapped a two-day winning streak.
Synchrony Financial closed $12.02 short of its 52-week high ($40.89), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. (AAPL) fell 0.05% to $169.59, JPMorgan Chase & Co. (JPM) rose 2.14% to $141.20, and Visa Inc. Cl A (V) fell 0.09% to $232.51.
Trading volume (6.2 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2023.
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May 01, 2023 17:25 ET (21:25 GMT)
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