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Shares of Synchrony Financial (SYF) inched 0.62% higher to $27.71 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
The stock's rise snapped a two-day losing streak.
Synchrony Financial closed $13.18 below its 52-week high ($40.89), which the company achieved on November 11th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.65% to $167.45, JPMorgan Chase & Co. (JPM) fell 2.12% to $135.98, and Visa Inc. Cl A (V) fell 0.44% to $225.98.
Trading volume (6.2 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 17:27 ET (21:27 GMT)
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