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Shares of Synchrony Financial (SYF) rose 4.31% to $30.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
Synchrony Financial closed $10.89 short of its 52-week high ($40.89), which the company reached on November 11th.
The stock outperformed some of its competitors Thursday, as Apple Inc. (AAPL) rose 1.37% to $175.05, JPMorgan Chase & Co. (JPM) rose 0.76% to $139.50, and Visa Inc. Cl A (V) rose 0.41% to $233.60.
Trading volume (8.5 M) eclipsed its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 17:26 ET (21:26 GMT)
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