Discover Financial Services stock outperformed the S&P 500 on Monday as it was reported that interim CEO J. Michael Shepherd will remain in his position until Capital One Financial completes the acquisition of the credit card provider. Last week, Discover and Shepherd finalized a contract that could potentially earn him up to $5.65 million by June 30. The acquisition agreement, which was reached in February 2024, involves Capital One purchasing Discover for $35.3 billion. Discover's shares have seen a significant increase, rising by almost 30% in the past year.