American Express Company (AXP) Stock Hits the Record High

On July 12, 2021, American Express Company stock closed worthen $173.6. In comparison to the earlier session, the corporation shows better performance with a 1.66% increase. Since January 26, 2021, AXP constantly climbing onto the summit of the market with a little fluctuation in stock price. This is proven by its beta score of 1.28. The company has a pleasing PE ratio of 28.45. American Express is going to make its first-ever foray into NFTs, the digital entertainment social phenomena that have purchasers spending up to $70 million for rights to virtual artwork that anybody can browse online. American Express desires in on the action, and it is starting with NFTs for photographs of “Good Days” singer SZA, who was originally appeared in the credit card company’s virtual concert.

Such interesting and tempting ideas from AXP attract the attention of new investors and should significantly increase the share of interesting people in investing in its stock. However, you better pay attention to many other aspects before investing your money. Try to do your research.

Paul Meyer

Part-Time Reporter. Paul could do better in his engineering profession where he became a real pro. However, he chose the finance field to find a tranquil environment in his career. Today he creates a good number of great content for our team.

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