Robinhood's $695 Platinum Card Targets American Express's Most Profitable Franchise, BofA Warns [Yahoo! Finance]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.americanexpress.com
Company Research
Source: Yahoo! Finance
Something unusual is unfolding in the super-premium credit card market, and American Express Company is suddenly facing a new challenger from an unexpected corner of finance. Trading platform Robinhood Markets Inc. is launching a $695-per-year Platinum card, directly challenging the high-margin credit card segment that has long been dominated by American Express and its flagship Platinum card. Wall Street took notice quickly. In a note Thursday, Bank of America analyst Mihir Bhatia described the development as "an incremental negative" for Amex. Why Robinhood Is Entering The Super-Premium Credit Card Market Announced at Robinhood's “Take Flight” keynote, the invite-only Platinum Card is plated in 99.9% pure platinum and targets high-income consumers with 10% cash back on hotels and rental cars, 5% back on dining and flights, and unlimited Priority Pass airport lounge access. Don't Miss: The ‘ChatGPT of Marketing' Just Opened a $0.85/Share Round — 10,000+ Investors Are Alr
Show less
Read more
Impact Snapshot
Event Time:
AXP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AXP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AXP alerts
High impacting American Express Company news events
Weekly update
A roundup of the hottest topics
AXP
News
- Accertify Introduces Attack State Intelligence to Strengthen Account Protection and Detect Coordinated Login Attacks [Yahoo! Finance]Yahoo! Finance
- American Express (AXP) Stock Moves -1.34%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- You Won't Believe How Much Money Berkshire Hathaway Gets From American Express Dividends [Yahoo! Finance]Yahoo! Finance
- American Express (AXP) Remains a Key Holding for Mario Gabelli [Yahoo! Finance]Yahoo! Finance
- BofA Reduces American Express (AXP) Price Target During Consumer Finance Review [Yahoo! Finance]Yahoo! Finance
AXP
Earnings
- 2/2/26 - Miss
AXP
Sec Filings
- 3/13/26 - Form 4
- 3/10/26 - Form 4
- 3/6/26 - Form 144
- AXP's page on the SEC website