Why American Express (AXP) Dipped More Than Broader Market Today

In the latest trading session, American Express (AXP) closed at $186.77, marking a -1.29% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.15%. Meanwhile, the Dow experienced a drop of 0.42%, and the technology-dominated Nasdaq saw an increase of 0.09%.The credit card issuer and global payments company's shares have seen an increase of 12.36% over the last month, surpassing the Finance sector's gain of 2.37% and the S&P 500's gain of 3.5%.The investment community ...