SLM Corp. Stock Hits Day Low of $19.73 Amid Price Pressure

Feb 24 2026 06:12 PM IST
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SLM Corp. faced notable volatility on February 23, 2026, with a significant stock price decline. The company has experienced a downward trend over various time frames, including substantial losses over the past week and month. Despite recent challenges, SLM Corp. shows strong long-term fundamentals, though profits have decreased significantly.
SLM Corp. Stock Hits Day Low of $19.73 Amid Price Pressure
SLM Corp., a small-cap player in the finance industry, experienced significant volatility on February 23, 2026, with its stock price declining by 15.16%. The stock reached an intraday low of USD 19.73, reflecting a challenging trading session. Over the past day, SLM Corp. has underperformed the S&P 500, which gained 0.69%, with a one-day performance of -12.12%.
In the broader context, SLM Corp. has faced a downward trend over various time frames, including a 17.39% drop over the past week and a substantial 28.1% decline over the past month. Year-to-date, the stock is down 26.61%, contrasting sharply with the S&P 500's modest gain of 0.94%. Despite these recent challenges, SLM Corp. maintains a strong long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 32.73%. However, the company has seen a decline in profits, with a 40.2% drop over the past year. The stock's performance metrics indicate a premium valuation compared to its peers, with a Price to Book ratio of 3.11.
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