American Express shares fall after six-session winning streak

Seeking Alpha ·

American Express ( AXP ) shares snapped six straight sessions of gains on Friday, as the stock was 1.7% lower at $355.37. The global payments and premium lifestyle brand gained over 4% in the preceding six sessions. So far this year, the stock has fallen

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American Express (AXP) shares fell 1.7% to $355.37 on Friday, ending a six-day winning streak. After surging over 4% in the last six days, the stock is seeing a pullback due to profit-taking. Investors should closely monitor whether this is a technical correction following a short-term rally or a signal of slowing future earnings momentum.

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