Why Investors Were Ditching American Express Stock Today
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American Express Earnings Show Continued Potential
American Express reported strong Q3 2024 earnings with revenue and EPS growth, supported by a share repurchase program. Click here to read my AXP update.
What’s Behind the -3.15% Drop in American Express Company (AXP) Stock? Find Out Now!
On Friday, American Express Company (AXP) stock saw a decline, ending the day at $276.79 which represents a decrease of $-8.99 or -3.15% from the prior close of $285.78. The stock opened at $276.8 and touched a low of $269.
Why American Express Stock Is in the Red Today
By most measures shares of American Express ( AXP -3.93%) should be up right now. The credit card middleman's third-quarter earnings handily topped expectations, driven higher by year-over-year revenue growth. The report's one red flag, however, is undermining any prospective bullishness. As of midday Friday Amex stock is down nearly 5%.
Is It Too Late to Buy American Express Stock?
Shares of American Express (NYSE: AXP) have skyrocketed to an all-time high with a 44% return this year, outperforming the 20% gain in the S&P 500 index. The financial services giant has benefited from resilient macroeconomic conditions, driving solid growth and stronger earnings. Shareholders have had plenty to cheer about lately.
American Express Stock Drops After Revenue Undershoots Estimates
American Express shares dropped, after the credit-card company's quarterly revenue missed Wall Street estimates. For July-September, Amex logged $16.64 billion in revenue That was up 8% from a year earlier,
American Express Shows Bullish Signals Ahead Of Q3 Earnings, But Analysts Hold Back
American Express is up 84.29% in a year, but analysts see 7% downside with a neutral rating and $228.60 price target.
Hold Rating for American Express Amid Mixed Earnings Report and Revenue Concerns
Moshe Orenbuch, an analyst from TD Cowen, maintained the Hold rating on American Express (AXP – Research Report). The associated price
Is American Express Company (AXP) the Best Stock In Buffett Stock Portfolio?
We recently compiled a list titled Buffett Stock Portfolio: Top 10 Stock Picks for 2024. In this article, we will look at where American Express Company (NYSE:AXP) ranks among the top 10 stocks in Buffet’s portfolio.
American Express sees increase in spending
American Express continues to see an increase in discretionary spending.
American Express Q3 Earnings: Good Report, But Economic Uncertainty Keeps Me Away
American Express Company shows strong performance but faces market challenges. Learn more about AXP stock and why I’m initiating coverage with a hold rating.
You should buy the dip with American Express, says Jim Cramer
'Mad Money' host Jim Cramer looks at American Express stock and if it's worth buying the dip. 'Mad Money' host Jim Cramer ...
American Express to become sole owner of Swisscard as UBS sells its 50% stake
UBS sells its 50% stake in Swisscard to American Express, transferring Credit Suisse cardholders to its platform by 2025.
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1 Warren Buffett Stock to Scoop Up While It's Cheap
Warren Buffett, the legendary investor and affectionately nicknamed “Oracle of Omaha,” has been known to pick up some epic ...
The environment for American Express should get much easier, says Jim Cramer
'Mad Money' host Jim Cramer looks at American Express stock and if it's worth buying the dip. Al-Qassam Prevails in Jabalia!
Wall Street Breakfast Podcast: Perplexity AI Targets $8B Valuation In New Funding
AI search startup Perplexity aims for $8B valuation in new round. UBS sells 50% interest in Swisscard to Amex - report.
American Express Q3 Earnings: Profit Beats Estimate, Card Spending Grows, Revises Annual Outlook
Amex Q2 revenue misses estimate, stock initially rises but gives up gains. Higher net interest income, spending, and fees ...
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
American Express Co. says discretionary spending remains strong, but shares of the credit-card giant are moving lower Friday ...