Business

Aflac and Synovus stocks rock and roll to highs for the year

Image from flickr

On a day that the Dow Jones surged to within 60 points of 24,000, a couple of Columbus companies saw their shares touch a high for the past year on the New York Stock Exchange.

Shares of Aflac, a supplemental health and life insurer that does business in the U.S. and Japan, jumped to $87.56 in trading Wednesday before giving a bit of that back to close at $87.19 per share, up a little over 1 percent on the day. The $87.56 high is a nearly 32 percent increase from the stock’s $66.50 low over the past year.

Regional banking firm Synovus Financial Corp. also fared extremely well, with its stock shooting up $1.80 per share, or 3.7 percent, giving up only 5 cents from the year’s high of $49.99 that it hit earlier Wednesday. That’s a gain of nearly 32 percent from the year’s low of $37.95 per share for the parent company of Columbus Bank and Trust.

A third firm headquartered in Columbus, credit-card and payment processor TSYS, ventured in the other direction, however, with its stock dropping $1.83 to a close of $72.33 per share, a decline of nearly 2.5 percent for the day. That’s off of the company’s 52-week high of $74.72 per share, but still is nearly 59 percent higher than its low for the past year of $47.01.

This story was originally published November 29, 2017 at 6:03 PM with the headline "Aflac and Synovus stocks rock and roll to highs for the year."

Get unlimited digital access
#ReadLocal

Try 1 month for $1

CLAIM OFFER