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Shares of Synchrony Financial (SYF) advanced 4.72% to $33.04 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
Synchrony Financial closed $7.85 short of its 52-week high ($40.89), which the company reached on November 11th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 0.48% to $180.95, JPMorgan Chase & Co. (JPM) rose 2.10% to $140.47, and Visa Inc. Cl A (V) rose 1.01% to $228.79.
Trading volume (6.4 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 17:16 ET (21:16 GMT)
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