Synchrony Financial (SYF) Stock Rises Slightly in First Trading Day After IPO

NEW YORK (TheStreet) -- Synchrony Financial  (SYF) was flat on Thursday, its first day of trading after its IPO.

General Electric's  (GE) credit card unit priced its initial public offering of 125 million shares at $23 a share, the low end of its expected range of $23 to $26 a share. Synchrony raised $2.88 billion in the largest U.S. IPO so far this year.

The stock opened at $23 and reached a high of $24 before it dipped to a low of $22.60.

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SYF Price Chart SYF Price data by YCharts

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