Shares of Discover Financial Services
slid 2.56% to $120.48 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 1.70% to 4,357.73 and Dow Jones Industrial Average
falling 1.78% to 33,970.47. This was the stock’s second consecutive day of losses. Discover Financial Services closed $15.21 below its 52-week high ($135.69), which the company achieved on August 13th.
The stock underperformed when compared to some of its competitors Monday, as Capital One Financial Corp.
fell 2.01% to $156.37, Zions Bancorp N.A.
fell 2.49% to $55.67, and TFS Financial Corp.
fell 0.75% to $18.57. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.5 M.