American Express (AXP) Is Trading Down 12% After-Hours

American Express (NYSE: AXP) is trading down 12% after-hours to $37. Berkshire Hathaway (NYSE: BRK.A) owns 13.1% of American Express and has lost over $750 million dollars on its AXP position in the last 10 minutes.

American Express Company (American Express) is a global payments and travel company.
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