DJ Bread Financial Holdings Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Bread Financial Holdings Inc. $(BFH)$ surged 18.97% to $62.77 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's second consecutive day of gains.
Bread Financial Holdings Inc. hit a new 52-week high, surpassing its previous peak of $59.66, which the company achieved on August 30th.
The stock outperformed some of its competitors Wednesday, as Visa Inc. Cl A (V) rose 4.81% to $307.40, American Express Co. $(AXP)$ rose 6.97% to $295.16, and $Capital One Financial Corp(COF-N)$. $(COF)$ rose 15.01% to $190.97.
Trading volume (2.7 M) eclipsed its 50-day average volume of 907,396.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:24 ET (22:24 GMT)
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