DJ Discover Financial Services Stock Underperforms Wednesday When Compared To Competitors
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Shares of Discover Financial Services $(DFS)$ dropped 0.97% to $175.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
This was the stock's second consecutive day of losses.
Discover Financial Services closed $12.39 short of its 52-week high ($188.26), which the company achieved on November 6th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.20% to $242.70, JPMorgan Chase & Co. $(JPM)$ fell 0.02% to $243.13, and Visa Inc. Cl A (V) rose 0.30% to $312.60.
Trading volume (1.4 M) remained 269,773 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:55 ET (21:55 GMT)
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