India, July 24 -- American Express Company (AXP) shares fell $20.87, or 6.12 percent, to $319.97 on Friday despite the financial services company reporting higher second-quarter earnings and revenue while reaffirming its full-year outlook.
The stock opened at $326.12 and traded between $318.79 and $329.03 during the session on the New York Stock Exchange. It has traded in a 52-week range of $288.34 to $387.49. Trading volume reached 2.19 million shares, compared with an average daily volume of 3.16 million shares.
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Second-quarter net earnings increased to $3.110 billion, or $4.53 per share, from $2.885 billion, or $4.08 per share, a year earlier. Revenue ...