Synchrony Financial Stock Outperforms Market On Strong Trading Day
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Shares of Synchrony Financial (SYF) rallied 1.10% to $30.35 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
This was the stock's fourth consecutive day of gains.
Synchrony Financial closed $10.54 short of its 52-week high ($40.89), which the company reached on November 11th.
The stock outperformed some of its competitors Monday, as Apple Inc. (AAPL) fell 0.55% to $174.20, JPMorgan Chase & Co. (JPM) fell 0.83% to $138.03, and Visa Inc. Cl A (V) fell 0.87% to $231.28.
Trading volume (5.1 M) remained 1.3 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 17:26 ET (21:26 GMT)
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