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Shares of Synchrony Financial (SYF) slipped 1.99% to $30.06 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
The stock's fall snapped a five-day winning streak.
Synchrony Financial closed $10.83 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 0.16% to $171.84, JPMorgan Chase & Co. (JPM) fell 0.92% to $135.34, and Visa Inc. Cl A (V) fell 1.04% to $222.25.
Trading volume (4.9 M) remained 1.3 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:26 ET (21:26 GMT)
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