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Here's Why Discover Financial Services Is Rising on Wednesday

TheMotleyFool

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Here's Why Discover Financial Services Is Rising on Wednesday

The stock market was having a strong day on Wednesday. As of 11:45 a.m. EDT, the Dow Jones Industrial Average and S&P 500 benchmark index were up by 1.7% and 1.1%, respectively.

However, that move is relatively minor compared to credit card lender Discover Financial Services (NYSE: DFS), which is more than 7% higher on the day. Other credit card stocks are higher as well, with American Express (NYSE: AXP) and Capital One (NYSE: COF) both higher by 6%.

Image source: Getty Images.

Source Fool.com

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