FeesSafety
Pluang+

Amex CEO sold $99M in stock a day before a $2.5T tech market crash, raising timing questions.

Market News
07 Nov 2026, 18:41 WIB
24/7 Wall Street
View Source
Neutral
Amex CEO sold $99M in stock a day before a $2.5T tech market crash, raising timing questions.

American Express CEO Stephen Squeri exercised and sold $99 million worth of stock options on November 4, 2026, just one day before a massive $2.5 trillion tech stock market selloff. While the timing appears suspicious, the sale was from vested options granted in 2022 and not under a preset trading plan, which complicates interpretation. The company's strong Q3 earnings and raised guidance suggest the sale was likely for tax or diversification reasons rather than insider knowledge. Investors should watch for future filings and stock price movements below key support levels for clearer signals.

American Express (AXP) shares trade at USD 320.99 on Pluang as of Nov 07, 2026 23:51 WIB, down 1.22% in the last day. The stock's market cap stands at $215.24 billion, with a dividend yield of 1.18%. Pluang data shows a majority of 68% sell orders versus 32% buy, reflecting cautious investor sentiment after the CEO's large stock sale.

More News (AXP)

Top credit cards offer big bonuses and rewards for travel and everyday spending this week.

Top credit cards offer big bonuses and rewards for travel and everyday spending this week.

This week, several credit cards feature attractive welcome bonuses and rewards tailored for travel and daily expenses. The Hilton Honors American Express Surpass® Card offers 130,000 bonus points plus a free night after $3,000 spent in six months, wi...

Others
Bullish
10 hours ago
Berkshire Hathaway's next 13F on Nov 16 will reveal if CEO Greg Abel's portfolio changes continue.

Berkshire Hathaway's next 13F on Nov 16 will reveal if CEO Greg Abel's portfolio changes continue.

Berkshire Hathaway will file its next 13F on November 16, 2026, showing holdings as of September 30. This filing marks the end of Greg Abel's first year as CEO, following Warren Buffett's tenure. The June 2026 report showed a $299 billion US stock po...

Neutral
2 days ago
Top 3 safest online banks in Nov 2026: SoFi, American Express, and Capital One, each with unique strengths.

Top 3 safest online banks in Nov 2026: SoFi, American Express, and Capital One, each with unique strengths.

In November 2026, the safest online banks are SoFi, American Express National Bank, and Capital One, each excelling in different areas. SoFi offers extended FDIC coverage up to $3 million, ideal for large balances and no fees on checking and savings ...

Bullish
3 days ago
Equinox launches exclusive NYC wellness event with American Express, focusing on holistic health and vitality.

Equinox launches exclusive NYC wellness event with American Express, focusing on holistic health and vitality.

Equinox is hosting House of Equinox, a four-day immersive wellness event in New York City from November 12-15, 2026, exclusively for American Express Card Members. The event highlights Equinox's Aliveness philosophy, emphasizing physical energy, emot...

Others
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App