DJ Synchrony Financial Stock Underperforms Wednesday When Compared To Competitors
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Shares of $Synchrony Financial(SYF-B)$ (SYF) slid 5.36% to $63.59 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Synchrony Financial closed $5.80 short of its 52-week high ($69.39), which the company achieved on December 9th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 2.14% to $248.05, JPMorgan Chase & Co. $(JPM)$ fell 3.35% to $230.37, and Visa Inc. Cl A (V) fell 2.68% to $309.78.
Trading volume (3.7 M) remained 15,172 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:04 ET (22:04 GMT)
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