FALLS CHURCH, Va. — The credit card company Capital One Financial Corp. raised $400 million through a secondary stock offering Thursday, but the shares, priced at $62 each, were already trading lower Friday.

J.P. Morgan Chase & Co. bought the 6.5 million new shares and is expected to resell them to investors. The new shares traded as low as $60.69 on Friday morning and closed at $61.4375.

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