Capital One stock rises after judge dismisses Trump lawsuit alleging political discrimination.

Shares of Capital One Financial Corporation rose sharply after a U.S. District judge in Miami dismissed a lawsuit filed by former President Donald Trump and his business. The lawsuit accused Capital One of closing hundreds of accounts in 2021 due to political discrimination. The judge found the complaint deficient but allowed the Trump Organization to file an amended complaint with stronger allegations. Capital One declined to comment on the ruling. The stock gained 3.41% following the news, reflecting investor relief over the dismissal.