Synchrony Financial Stock Outperforms Competitors On Strong Trading Day
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Shares of Synchrony Financial (SYF) rose 3.00% to $30.90 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
The stock's rise snapped a two-day losing streak.
Synchrony Financial closed $9.99 below its 52-week high ($40.89), which the company achieved on November 11th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 1.41% to $175.43, JPMorgan Chase & Co. (JPM) rose 0.94% to $136.94, and Visa Inc. Cl A (V) rose 0.73% to $225.01.
Trading volume (3.8 M) remained 2.4 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 17:26 ET (21:26 GMT)
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