On July 27, American Express rose 3.07% in regular trading, trading at $336.05/share with turnover of $801 million, rebounding from a steep 6%-plus decline following its Q2 earnings release last Friday.

The recovery comes as investors reassess the post-earnings sell-off. American Express reported Q2 EPS of $4.53, beating the consensus estimate of $4.40 by roughly 3%, while raising its full-year revenue growth guidance to 10% from the prior 9%-10% range. Card member spending rose 9% on a currency-adjusted basis to $455.8 billion, marking the highest growth rate in three years. Credit loss provisions fell to $1.1 billion from $1.4 billion a year earlier, reflecting improved credit quality.

The initial sell-off was triggered by revenue of $196.37 billion slightly missing the $196.9 billion estimate and management maintaining its full-year EPS guidance at $17.30-$17.90 unchanged, signaling that incremental revenue is being reinvested into marketing and customer acquisition rather than flowing to bottom-line expansion. The company also announced plans to acquire European restaurant booking platform TheFork to strengthen its premium dining ecosystem.

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