Synchrony Financial Stock Underperforms Wednesday When Compared To Competitors
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Shares of Synchrony Financial (SYF) slid 0.86% to $30.96 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
The stock's fall snapped a two-day winning streak.
Synchrony Financial closed $9.93 short of its 52-week high ($40.89), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.03% to $177.25, JPMorgan Chase & Co. (JPM) fell 1.27% to $135.71, and Visa Inc. Cl A (V) fell 0.28% to $221.03.
Trading volume (13.0 M) eclipsed its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:26 ET (21:26 GMT)
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