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American Express Co. (AXP) Has Dropped To A 1-Month Low After Q4 Report

American Express Co. (AXP) reported a fourth quarter adjusted EPS of $1.58 after the bell Thursday. Street expectations were for EPS of $1.54. The company also announced plans to suspend its share buyback program for the first half of 2018.

American Express has gapped open lower Friday morning and is now down 2.44 at $97.43 on above average volume. The stock has dropped to a 1-month low.

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