Capital One (COF) stock steadies after Trump’s 10% card-rate cap threat as $425 million settlement hits
Capital One shares rose about 0.3% Tuesday morning, rebounding from Monday’s drop. Investors weighed a proposed 10% cap on credit-card interest rates set to start Jan. 20. A federal judge gave preliminary approval to a $425 million settlement over 360 Savings account rates. The stock traded near $233.84.