American Express Co. is a New York-based integrated payments company offering credit and charge cards to various customer segments, employing 74,600 people across four operational segments. Its services include travel, lifestyle, banking, and data analytics.
AXP has been in the news recently: American Express Inc. (AXP) has seen its stock rise by 2.77% today and 25.06% over the past year, prompting concerns about its valuation. The company has also updated its Platinum card, increasing the annual fee to $895 while providing $3,500 in annual benefits to attract high spenders amid growing competition.
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