Synchrony Financial stock falls Wednesday, underperforms market
Shares of Synchrony Financial
SYF,
slid 2.33% to $48.59 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.03% to 4,524.09 and the Dow Jones Industrial Average
DJIA,
falling 0.14% to 35,312.53. Synchrony Financial closed $3.55 below its 52-week high ($52.14), which the company achieved on August 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Visa Inc. Cl A
V,
rose 0.45% to $230.12, Mastercard Inc.
MA,
rose 0.96% to $349.57, and FleetCor Technologies Inc.
FLT,
rose 0.22% to $263.86. Trading volume (5.9 M) eclipsed its 50-day average volume of 4.7 M.
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