American Express Co. Hits Day Low of $317.15 Amid Price Pressure

American Express Co. experienced a significant decline today, with the stock dropping by 7.2% and reaching an intraday low of USD 317.15. This performance contrasts sharply with the S&P 500, which recorded a modest gain of 0.69% for the day. Over the past week, American Express has seen a decrease of 4.82%, while its performance over the past month has declined by 11.18%. Despite the recent downturn, American Express has shown resilience over the longer term, boasting a 3-year performance increase of 83.42% and a remarkable 134.58% rise over the past five years. The company maintains a strong market position within the finance industry, supported by a robust return on equity of 32.14% and a market capitalization of USD 237,692 million. In terms of financial health, American Express reported a high cash and equivalents figure of USD 110,445 million, alongside a dividend per share of USD 1.29. These metrics reflect the company's solid long-term fundamentals, even as it navigates current market fluctuations.