The payment processor had record revenue and raised its earnings guidance for the full fiscal year. American Express (NYSE:AXP), by most measures, had an excellent second quarter, yet its stock price was down more than 4% on Friday to below $240 per share. Revenue hit a record high of $16.3… Continue reading American Express Posts 39% Earnings Increase: So Why is Stock Down?
The post American Express Posts 39% Earnings Increase: So Why is Stock Down? appeared first on ValueWalk.
