Synchrony Financial Stock Outperforms Competitors On Strong Trading Day
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Shares of Synchrony Financial (SYF) advanced 1.91% to $31.55 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
Synchrony Financial closed $9.34 below 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 Thursday, as Apple Inc. (AAPL) rose 1.60% to $180.09, JPMorgan Chase & Co. (JPM) rose 1.38% to $137.58, and Visa Inc. Cl A (V) rose 2.47% to $226.50.
Trading volume (5.0 M) remained 1.1 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:26 ET (21:26 GMT)
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