Visa – Synchrony Financial stock rises Friday, outperforms market
Shares of Synchrony Financial
advanced 3.38% to $46.80 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.49% to 4,173.85 and the Dow Jones Industrial Average
rising 1.06% to 34,382.13. This was the stock’s second consecutive day of gains. Synchrony Financial closed $0.42 short of its 52-week high ($47.22), which the company reached on May 10th.
The stock outperformed some of its competitors Friday, as Visa Inc. Cl A
rose 1.43% to $226.94, Mastercard Inc.
rose 1.08% to $363.91, and FleetCor Technologies Inc.
rose 1.57% to $272.93. Trading volume (4.7 M) remained 1.8 million below its 50-day average volume of 6.5 M.