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American Express
(NY:
AXP
)
301.30
+8.30 (+2.83%)
Official Closing Price
Updated: 4:10 PM EST, Nov 22, 2024
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Warren Buffett Has Over $10 Billion Invested in 7 Stocks. Here's the Best Stock to Buy Right Now, According to Wall Street.
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America's Credit Card Slump: Delinquencies Reach 12-Year High As Issuers Lower Credit Limits
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The Philadelphia Fed has been analyzing credit card data since 2012; the fourth quarter of last year was the worst for credit card companies.
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The high interest rate environment helps bolster credit card stocks bottom line but also exposes them to high delinquency rate risk.
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