Investopedia

Why is the Market Punishing American Express?

American Express is a bank holding company that offers credit services to both individuals and businesses. In 2015, news that the company had lost its significant client relationship with Costco Wholesale Corp (COST) contributed to an annual share price decline of over 40%. Let’s take a look at take a look at challenges facing American Express to investigate whether the recent market correction may have been overblown.

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