From StockTwits: 2025-04-01 02:12:00

The Department of Justice is reevaluating how the $35 billion merger between Capital One Financial and Discover Financial may impact borrowers without credit histories. Capital One and Discover stocks surged after reports of potential antitrust concerns. Shareholders approved the deal in February, but it still awaits regulatory approval. New York Attorney General Letitia James sought subpoenas related to an antitrust case on the merger. Retail sentiment on Stocktwits turned bullish for both companies. Analysts believe regulatory approval could be achieved through divestiture with minimal impact on earnings. Capital One shares rose 3.3% and Discover shares rose 7.5% on Monday.



Read more at StockTwits: Capital One, Discover Financial Draw Bullish Chatter On Reports Of Removal Of DOJ Hurdle