SLM Corp SLM

SLM (SLM) has come under pressure recently, with the share price down 2.6% on the day and about 10% over the past month. This has drawn fresh attention to its student lending focused business. At the current share price of $23.61, SLM has seen share price returns weaken over the past week and month, while the year to date share price return is also down, even though the three and five year total shareholder returns remain firmly positive. This suggests that recent momentum is fading after a...

A number of stocks fell in the afternoon session after investors kept bidding the group lower after last week’s Federal Reserve hike. On September 16, the Fed raised the federal funds target range by 25 basis points to 3.75%–4.00%, its first increase since 2023, according to the Federal Reserve’s FOMC statement. The Fed said economic activity and domestic spending remain resilient, but stressed that inflation is still elevated and that the increase is intended to support a return to its 2% infla