Financial Services News

Discover Financial Services stock outperforms competitors despite losses on the day

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Shares of Discover Financial Services
DFS,
-2.75%
slipped 2.75% to $101.03 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-2.50%
falling 2.50% to 3,759.69 and Dow Jones Industrial Average
DJIA,
-1.55%
falling 1.55% to 32,147.76. This was the stock’s third consecutive day of losses. Discover Financial Services closed $29.78 short of its 52-week high ($130.81), which the company achieved on January 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Capital One Financial Corp.
COF,
-3.37%
fell 3.37% to $103.21, Zions Bancorp N.A.
ZION,
-4.11%
fell 4.11% to $49.49, and TFS Financial Corp.
TFSL,
-1.78%
fell 1.78% to $13.76. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 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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