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Shares of Synchrony Financial (SYF) slumped 1.00% to $32.71 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.20% to 4,273.79 and Dow Jones Industrial Average falling 0.59% to 33,562.86.
The stock's fall snapped a two-day winning streak.
Synchrony Financial closed $8.18 short of its 52-week high ($40.89), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. (AAPL) fell 0.76% to $179.58, JPMorgan Chase & Co. (JPM) fell 0.98% to $139.09, and Visa Inc. Cl A (V) fell 0.88% to $226.77.
Trading volume (4.5 M) remained 1.7 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2023.
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June 05, 2023 17:17 ET (21:17 GMT)
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