Visa – Synchrony Financial stock outperforms competitors on strong trading day
Shares of Synchrony Financial
rallied 1.42% to $40.12 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 1.31% to 3,819.72 and Dow Jones Industrial Average
falling 0.39% to 31,270.09. Synchrony Financial closed $0.57 below its 52-week high ($40.69), which the company achieved on January 20th.
The stock outperformed some of its competitors Wednesday, as Visa Inc. Cl A
fell 0.43% to $214.85, Mastercard Inc.
fell 0.71% to $360.25, and FleetCor Technologies Inc.
fell 0.40% to $282.30. Trading volume (5.4 M) remained 600,602 below its 50-day average volume of 6.0 M.