The Latest Breaking News from American Express

Someone with a lot of money to spend has taken a bearish stance on American Express (NYSE:AXP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Someone with a lot of money to spend has taken a bullish stance on American Express (NYSE:AXP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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By Rashida Salahuddin

A whale with a lot of money to spend has taken a noticeably bearish stance on American Express. Looking at options history for American Express (NYSE:AXP) we detected 10 strange trades.

American Express (NYSE:AXP) has outperformed the market over the past 5 years by 5.55% on an annualized basis producing an average annual return of 16.84%. Currently, American Express has a market capitalization of $126.37 billion.

Some credit cards come with travel portals, where you can redeem points and miles for trips. Is it the best option?

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By Kathryn Petralia Kabbage from American Express has been tracking recovery trends and growth outlook of U.S. small businesses. Polling 563 small business leaders, our latest installment exhibits how small businesses are adapting to a shifting market as they look beyond pandemic-wrought challenges, adjust for inflation and modify hiring approaches.