Why Capital One stock slid after-hours: Trump’s 10% rate-cap push meets a $425 million settlement
Capital One shares fell 6.4% to $233.20 in after-hours trading Monday after President Trump floated a 10% cap on credit-card interest rates. A U.S. judge also granted preliminary approval to Capital One’s $425 million settlement with depositors. Investors are watching for policy moves by Jan. 20 and the company’s earnings on Jan. 22.