Discover Financial Services Stock Falls 6.9%, Underperforms Competitors

Dow Jones
03-18

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Discover Financial Services shed 6.9% to $152.99 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,675.12 and the Dow Jones Industrial Average rising 0.9% to 41,841.63.

Discover Financial Services closed 25.6% below its 52-week high of $205.76, which the company achieved on January 30th.

The stock underperformed when compared to some of its competitors, as Apple Inc. rose 0.2% to $214.00, JPMorgan Chase & Co. rose 0.6% to $233.93, and Visa Inc. Cl A rose 0.83% to $334.55.

Trading volume totaled 9.0 million, compared to the 50-day average of 1.8 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 17, 2025 16:33 ET (20:33 GMT)

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