Synchrony Financial stock fell Wednesday, underperforming the market

Published: April 12, 2023 at 5:24 PM ET

Shares in Synchrony Financial SYF on Wednesday fell 1.07% to $29.53 in what proved an all-round dismal trading session for the stock market, with the S&P 500 Index SPX down 0.41% to 4,091.95 and the Dow Jones Industrial Average DJIA down 0.11% to 33,646.50. The price drop triggered a three-day winning streak. Synchrony Financial closed $12.35 below its 52-week high ($41.88) set by the company on April 20.

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Shares of Synchrony Financial

SIF

was down 1.07% at $29.53 on Wednesday in what turned out to be an all-round somber trading session for the stock market featuring the S&P 500 Index

SPX

down 0.41% to 4,091.95 and the Dow Jones Industrial Average

DJIA

Down 0.11% to 33,646.50. The price drop triggered a three-day winning streak. Synchrony Financial closed $12.35 below its 52-week high ($41.88) set by the company on April 20.

The stock underperformed some of its peers on Wednesday, including Apple Inc.

AAPL

down 0.44% to $160.10, JPMorgan Chase & Co.

JPM

down 0.02% to $128.50 and Visa Inc. Cl A

v

fell 0.28% to $227.81. Trading volume (4.9M) remained 556,594 below its 50-day moving average of 5.4M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.