American Express Company Common Stock (AXP): Buffett News

AXP – Warren Buffett’s Berkshire Hathaway Inc. asked the Federal Reserve to allow it to hold as much as a 24.99 percent stake in American Express.


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Berkshire Seeks Fed Permission to Own as Much as 25% of AmEx

Warren Buffett’s Berkshire Hathaway Inc. asked the Federal Reserve to allow it to hold as much as 24.99 percent of American Express Co., a stake that’s been growing because of the lender’s stock repurchases.

From Bloomberg.com

AXP at a Glance

AXP Current POWR Rating™
Overall POWR Rating™
AXP Current Price $83.85 1.70%
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AXP Price Reaction

The day of this event (May. 19, 2017)
AXP Closing Price$76.51 0.55%
AXP Volume3,296,295
26.07% from avg
Leading up to this event
AXP 1-mo return1.10%
After this event
AXP 1-day return0.78%
AXP 3-day return0.96%
AXP 5-day return1.39%

AXP Price Chart



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