Microsoft Corporation (MSFT), Hewlett-Packard Company (HPQ): Last Week’s Worst Performing Dow Components

Shares fell 4.55% two weeks ago and another 1.97% this past week.

And rounding out the bottom three was American Express Company (NYSE:AXP), which lost 2.02% of its value despite being named the top credit card company by J.D. Power when it comes to customer satisfaction. The recent victory marks the seventh consecutive year in which American Express Company (NYSE:AXP) has won the award. In fact, there was very little negative news pertaining to the company this past week. Currently, the stock is trading just below its 52-week high and is up 28.13% year to date, so some investors may have been selling off a big winner before any negative news comes along to send the stock lower — such as limits on credit card swipe fees, which both the U.S. government and the European Union are both looking into. If a limit was imposed, the credit card companies would stand to lose billions of dollars in revenue a year.

Fool contributor Matt Thalman owns shares of Microsoft, JPMorgan Chase, Walt Disney, and Johnson & Johnson. Check back Monday through Friday as Matt explains what caused the Dow’s winners and losers of the day, and every Saturday for a weekly recap. Follow Matt on Twitter: @mthalman5513. The Motley Fool recommends 3M, American Express, Chevron, Cisco Systems, Coca-Cola, Home Depot, Johnson & Johnson, and Walt Disney and owns shares of General Electric, Johnson & Johnson, JPMorgan Chase, Microsoft, and Walt Disney. 

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