Synchrony Financial Stock Falls Tuesday, Still Outperforms Market
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Shares of Synchrony Financial (SYF) shed 0.32% to $27.88 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
Synchrony Financial closed $13.01 below its 52-week high ($40.89), which the company achieved on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) remained unchanged, JPMorgan Chase & Co. (JPM) fell 0.67% to $134.32, and Visa Inc. Cl A (V) fell 1.01% to $230.47.
Trading volume (12.0 M) eclipsed its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 17:27 ET (21:27 GMT)
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