Synchrony Financial Stock Underperforms Wednesday When Compared To Competitors
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Shares of Synchrony Financial (SYF) shed 1.24% to $27.12 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
The stock's fall snapped a three-day winning streak.
Synchrony Financial closed $13.77 below its 52-week high ($40.89), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) rose 1.04% to $173.56, JPMorgan Chase & Co. (JPM) rose 0.05% to $136.48, and Visa Inc. Cl A (V) fell 0.85% to $231.27.
Trading volume (5.3 M) remained 567,749 below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 17:26 ET (21:26 GMT)
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