Capital One – Capital One Financial Corp. stock outperforms market despite losses on the day
Shares of Capital One Financial Corp.
dropped 0.37% to $159.57 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.91% to 4,432.99 and Dow Jones Industrial Average
falling 0.48% to 34,584.88. The stock’s fall snapped a two-day winning streak. Capital One Financial Corp. closed $18.38 below its 52-week high ($177.95), which the company achieved on August 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Discover Financial Services
fell 0.53% to $123.64, Standard Chartered PLC
rose 0.96% to $6.32, and BankUnited Inc.
rose 0.35% to $40.14. Trading volume (4.6 M) eclipsed its 50-day average volume of 2.8 M.