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Shares of American Express Co. (AXP) shed 0.79% to $148.60 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,908.19 and Dow Jones Industrial Average falling 0.55% to 31,145.30. This was the stock's fourth consecutive day of losses. American Express Co. closed $50.95 below its 52-week high ($199.55), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Visa Inc. Cl A (V) rose 0.44% to $198.64, Mastercard Inc. (MA) rose 0.47% to $324.08, and JPMorgan Chase & Co. (JPM) rose 0.03% to $113.74. Trading volume (2.8 M) remained 426,648 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2022.
(END) Dow Jones Newswires
September 06, 2022 16:39 ET (20:39 GMT)
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