American Express shares are trading lower following a Q3 revenue miss.
Portfolio Pulse from Benzinga Newsdesk
American Express shares are trading lower due to a Q3 revenue miss.
October 18, 2024 | 1:05 pm
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NEGATIVE IMPACT
American Express shares are experiencing a decline in value following a miss in Q3 revenue expectations.
The decline in American Express shares is directly linked to the company's failure to meet revenue expectations for Q3. This earnings miss is likely causing investor concern, leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100