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Shares of Synchrony Financial (SYF) slid 4.61% to $27.54 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.16% to 4,119.58 and Dow Jones Industrial Average falling 1.08% to 33,684.53.
This was the stock's second consecutive day of losses.
Synchrony Financial closed $13.35 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 Tuesday, as Apple Inc. (AAPL) fell 0.62% to $168.54, JPMorgan Chase & Co. (JPM) fell 1.61% to $138.92, and Visa Inc. Cl A (V) fell 2.38% to $226.98.
Trading volume (6.0 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2023.
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May 02, 2023 17:26 ET (21:26 GMT)
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