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Shares of American Express Co. (AXP) slid 0.59% to $151.11 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,966.85 and the Dow Jones Industrial Average rising 0.46% to 31,656.42. This was the stock's second consecutive day of losses. American Express Co. closed $48.44 below its 52-week high ($199.55), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Thursday, as Visa Inc. Cl A (V) rose 0.71% to $200.13, Mastercard Inc. (MA) rose 0.27% to $325.25, and JPMorgan Chase & Co. (JPM) rose 0.69% to $114.51. Trading volume (2.4 M) remained 852,544 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2022.
(END) Dow Jones Newswires
September 01, 2022 16:39 ET (20:39 GMT)
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