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Shares of American Express Co. (AXP) shed 1.76% to $154.54 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.67% to 4,030.61 and Dow Jones Industrial Average falling 0.57% to 32,098.99. This was the stock's second consecutive day of losses. American Express Co. closed $45.01 below its 52-week high ($199.55), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Monday, as Visa Inc. Cl A (V) fell 0.28% to $202.33, Mastercard Inc. (MA) fell 0.79% to $329.35, and JPMorgan Chase & Co. (JPM) fell 0.24% to $114.39. Trading volume (2.7 M) remained 791,626 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 29, 2022.
(END) Dow Jones Newswires
August 29, 2022 16:39 ET (20:39 GMT)
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