American Express shares are trading lower after the company reported worse-than-expected Q2 sales results. The stock initially traded higher, but it has since reversed.
Portfolio Pulse from Benzinga Newsdesk
American Express shares are trading lower after the company reported worse-than-expected Q2 sales results. The stock initially traded higher, but it has since reversed.
July 19, 2024 | 1:46 pm
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American Express shares are trading lower after the company reported worse-than-expected Q2 sales results. The stock initially traded higher, but it has since reversed.
The worse-than-expected Q2 sales results have led to a negative market reaction, causing the stock to trade lower. The initial positive reaction was likely due to other factors, but the disappointing sales figures have ultimately driven the stock down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100