Synchrony Financial Stock Rises Tuesday, Outperforms Market
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Shares of Synchrony Financial (SYF) inched 0.22% higher to $27.46 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
This was the stock's third consecutive day of gains.
Synchrony Financial closed $13.43 short of its 52-week high ($40.89), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) fell 1.00% to $171.77, JPMorgan Chase & Co. (JPM) fell 0.48% to $136.41, and Visa Inc. Cl A (V) rose 0.44% to $233.26.
Trading volume (4.5 M) remained 1.3 million below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:26 ET (21:26 GMT)
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