Synchrony Financial Stock Falls Thursday, Underperforms Market
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Shares of Synchrony Financial (SYF) slid 0.20% to $30.00 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
This was the stock's second consecutive day of losses.
Synchrony Financial closed $10.89 short of its 52-week high ($40.89), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. (AAPL) rose 0.67% to $172.99, JPMorgan Chase & Co. (JPM) rose 0.24% to $135.67, and Visa Inc. Cl A (V) rose 0.51% to $223.38.
Trading volume (14.8 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
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May 25, 2023 17:26 ET (21:26 GMT)
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