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Shares of American Express Co. (AXP) slipped 3.11% to $148.71 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.71% to 3,789.93 and Dow Jones Industrial Average falling 1.70% to 30,183.78. This was the stock's second consecutive day of losses. American Express Co. closed $50.84 short of its 52-week high ($199.55), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Visa Inc. Cl A (V) fell 2.63% to $187.02, Mastercard Inc. (MA) fell 2.80% to $304.50, and JPMorgan Chase & Co. (JPM) fell 2.88% to $112.49. Trading volume (2.6 M) remained 471,087 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 21, 2022.
(END) Dow Jones Newswires
September 21, 2022 16:39 ET (20:39 GMT)
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