Visa – Synchrony Financial stock rises Thursday, still underperforms market
Shares of Synchrony Financial
inched 0.25% higher to $44.90 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.82% to 4,201.62 and the Dow Jones Industrial Average
rising 0.93% to 34,548.53. This was the stock’s third consecutive day of gains. Synchrony Financial closed $0.34 below its 52-week high ($45.24), which the company achieved on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Visa Inc. Cl A
rose 0.92% to $231.32, Mastercard Inc.
rose 1.72% to $375.48, and FleetCor Technologies Inc.
fell 0.90% to $286.45. Trading volume (6.5 M) remained 92,184 below its 50-day average volume of 6.6 M.