Financial Market

Discover Financial Services stock rises Friday, still underperforms market

Published: Feb. 2, 2024 at 5:04 p.m. ET

Shares of Discover Financial Services DFS inched 0.41% higher to $107.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.07% to 4,958.61 and the Dow Jones Industrial Average DJIA rising 0.35% to 38,654.42.

This was the stock’s second consecutive day of gains.

Discover…

Shares of Discover Financial Services

DFS

inched 0.41% higher to $107.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index

SPX

rising 1.07% to 4,958.61 and the Dow Jones Industrial Average

DJIA

rising 0.35% to 38,654.42.

This was the stock’s second consecutive day of gains.

Discover Financial Services closed $15.50 short of its 52-week high ($122.50), which the company achieved on July 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc.

AAPL

fell 0.54% to $185.85, JPMorgan Chase & Co.

JPM

rose 0.58% to $174.73, and Visa Inc. Cl A

V

rose 0.05% to $277.18.

Trading volume (1.3 M) remained 934,917 below its 50-day average volume of 2.3 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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