Financial Services News

Discover Financial Services stock falls Wednesday, underperforms market

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Shares of Discover Financial Services
DFS,
-2.91%
slipped 2.91% to $102.34 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-1.56%
falling 1.56% to 3,928.86 and Dow Jones Industrial Average
DJIA,
-1.81%
falling 1.81% to 33,296.96. This was the stock’s second consecutive day of losses. Discover Financial Services closed $26.78 short of its 52-week high ($129.12), which the company achieved on February 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
-0.54%
fell 0.54% to $135.21, JPMorgan Chase & Co.
JPM,
-3.00%
fell 3.00% to $136.57, and Visa Inc. Cl A
V,
-1.59%
fell 1.59% to $219.46. Trading volume (4.3 M) eclipsed its 50-day average volume of 1.9 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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