Capital One Financial Corp. (COF) reported second quarter EPS of $1.50 after the bell Thursday, down from $2.04 in the prior year period. Analysts expected EPS of $1.97.
Capital One Financial gapped open sharply lower Friday and declined throughout the first hour of trade. Shares finished down by 11.91 at $78.86 on the highest volume of the year. The stock plunged to nearly a 4-month low and dropped below its 50 and 200-day moving averages.
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