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Why JPMorgan Chase Stock Wilted on Wednesday

TheMotleyFool 
0 0 28.05.26
Why JPMorgan Chase Stock Wilted on Wednesday: https://g.foolcdn.com/editorial/images/871946/inside-jpmorgan-office-with-jpmorgan-logo-on-wall-while-two-people-walk-by_jpmorgan.jpg
 

Buoyed by cautious investor optimism, U.S. stock markets inched higher on Wednesday. Yet you wouldn't know that from the performance of otherwise powerful American bank JPMorgan Chase (NYSE: JPM). Shares of the lender slumped by more than 2% on the back of remarks from its high-profile leader.

That morning, long-serving JPMorgan Chase CEO Jamie Dimon spoke in a fireside chat during the Bernstein Strategic Decisions Conference about his company's future.

Image source: JPMorgan Chase.

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Source Fool.com

JPMorgan Chase & Co. Stock

€309.25
-0.080%
With only a change of -€0.250 (-0.080%) the JPMorgan Chase & Co. price is nearly unchanged from yesterday.
The stock is one of the favorites of our community with 50 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 303 € is below the current price of 309.25 € for JPMorgan Chase & Co., so the potential is actually -2.02%.
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