Why Shares of American Express Are Falling Today

Shares of the credit card and payments company American Express (NYSE: AXP) had fallen over 2% as of 1:41 p.m. ET today after management tempered investors' expectations about near-term top-line growth at an investor conference this morning. American Express CFO Christophe Le Caillec told investors at a conference that expectations for revenue in the first quarter of 2025 are "too high" right now.