A fifth straight quarter of record revenue and an earnings beat hasn’t been enough to keep shares in American Express AXP –0.01% afloat on Friday. The card issuer has seen a slowdown in activity and continues to brace for debt struggles among customers.
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July 21, 2023 - 12:47
American Express Braces for Defaults. Record Revenue, Profit Can’t Stop a Stock Fall.
By Pharos Investment Advisors Comments are Off
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