Is It Time to Sell American Express Stock?
2026-02-27 14:31:00 ET
Shares of credit card and payments company American Express (NYSE: AXP) fell sharply on Friday, even though there was no new company-specific disclosure from Amex itself. The selling pressure came amid a broader fear that AI (artificial intelligence) could trigger meaningful white-collar job disruption, eventually showing up in consumer spending trends and credit performance.
Is this sharp sell-off in the stock price, which has put shares down by about 15% year to date, a buying opportunity? Or should investors be taking the threat of AI to the job force more seriously, and now require a bigger discount on American Express stock before buying?
Image source: Getty Images.
NASDAQ: AXP
AXP Trading
-0.5% G/L:
$302.0525 Last:
1,848,471 Volume:
$300.54 Open:
