CapitolOne's 2nd Quarter Profit

Discussion / Conversation

I saw on the news this morning that CapitolOne's 2nd quarter profit is down 54%. The news is claiming this is due to the end of their partnership with Walmart. I have a hard time believing this since anyone who has it can still use it, and I doubt they had the kind of influx of new users that would affect profit so quickly.

Thoughts?

Posted Jul 24, 2024, 12:23 PM UTC

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