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Shares of American Express Co. (AXP) slipped 1.95% to $153.08 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.72% to 3,873.33 and Dow Jones Industrial Average falling 0.45% to 30,822.42. This was the stock's second consecutive day of losses. American Express Co. closed $46.47 below its 52-week high ($199.55), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A (V) fell 1.06% to $193.30, Mastercard Inc. (MA) fell 0.58% to $315.13, and JPMorgan Chase & Co. (JPM) fell 0.67% to $117.08. Trading volume (6.4 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2022.
(END) Dow Jones Newswires
September 16, 2022 16:39 ET (20:39 GMT)
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