Shares of Discover Financial Services DFS inched 0.65% higher to $123.38 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,229.89 and the Dow Jones Industrial Average DJIA rising 0.52% to 34,756.39. This was the stock's fourth consecutive day of gains. Discover Financial Services hit a new 52-week high, surpassing its previous peak of $122.95, which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Capital One Financial Corp. COF fell 0.02% to $166.26, Zions Bancorp N.A. ZION fell 0.27% to $58.13, and TFS Financial Corp. TFSL rose 1.12% to $22.50. Trading volume (1.8 M) remained 163,577 below its 50-day average volume of 1.9 M.