Why Is Discover (DFS) Down 8.5% Since Last Earnings Report?

It has been about a month since the last earnings report for Discover (DFS) . Shares have lost about 8.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Discover due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Discover Q2 Earnings Beat on High Interest IncomeDisc ...