Why Did Capital One Stock Rise 36% In The Last Year?
1. Capital One stock rose 36% in 2024, outperforming S&P 500 by 14%. 2. Optimism grows for Capital One’s Discover acquisition due to regulatory clearance. 3. Recent earnings show strong net income but rising credit loss provisions. 4. Charge-offs and delinquencies are increasing amid high interest rates. 5. Combining with Discover could expand Capital One's market position significantly.