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Updated · MarketWatch · May 8Capital One Financial stock falls 1.61% and underperforms in stronger market
10 articles · Updated · MarketWatch · May 8
- Shares closed at $189.48 on Friday as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average edged up 0.02% to 49,609.16.
- The decline marked Capital One's second straight daily loss and left the stock 27.02% below its 52-week high of $259.64 reached on 6 January.
- Among peers, JPMorgan fell 1.36%, Visa lost 0.78% and Bank of America dropped 2.73%, leaving Capital One's performance mixed relative to competitors.
Can Capital One’s bold Discover acquisition thrive as consumer credit risks escalate? Is Capital One creating a true payments rival or just a much larger, riskier bank?