Alliance Data Systems Corporation (ADS) Dips 3.77% for March 04

Equities Staff  |

Among the S&P 500’s biggest fallers on Thursday March 04 was Alliance Data Systems Corporation (ADS). The stock experienced a 3.77% decline to $97.29 with 1.01 million shares changing hands.

Alliance Data Systems Corporation started at an opening price of 100.50 and hit a high of $102.79 and a low of $94.03. Ultimately, the stock took a hit and finished the day at $3.81 per share. Alliance Data Systems Corporation trades an average of n/a shares a day out of a total 49.7 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Alliance Data Systems Corporation hit a high of $102.38 and a low of $20.52 over the last year.

Formed by a combination of J.C. Penney's credit card processing unit and The Limited's credit card bank business, Alliance Data Systems is a provider of private label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Alliance Data Systems' credit cards to their customers. The company's LoyaltyOne division operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.

With its headquarters located in Columbus, OH, Alliance Data Systems Corporation employs 8,000 people. After today’s trading, the company’s market cap has fallen to $4.83 billion, a P/S of n/a, a P/B of 3.18, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Alliance Data Systems Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: ADS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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