Why Capital One Stock Rose 41% in 2023

Capital One Financial (NYSE:COF) stock gained 41%, according to data provided by S&P Global Market Intelligence. The bank made headlines when Berkshire Hathaway began building a stake in it earlier in the year. It got an added boost when the Federal Reserve signaled a potential pivot in its interest rate policy late last year. Capital One stock got a boost when Berkshire Hathaway bought shares amid March's banking turmoil2023 was a challenging year for all stocks, including banks. During the year, the Feder ...