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Shares of American Express Co. (AXP) slipped 1.94% to $140.26 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.72% to 3,693.23 and Dow Jones Industrial Average falling 1.62% to 29,590.41. This was the stock's fourth consecutive day of losses. American Express Co. closed $59.29 below its 52-week high ($199.55), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A (V) fell 0.98% to $183.96, Mastercard Inc. (MA) fell 1.60% to $293.58, and JPMorgan Chase & Co. (JPM) fell 1.86% to $109.14. Trading volume (3.0 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2022.
(END) Dow Jones Newswires
September 23, 2022 16:39 ET (20:39 GMT)
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