7-May-2024
KBW Reaffirms Their Hold Rating on JPMorgan Chase & Co. (JPM)
TipRanks (Wed, 8-May 1:25 AM ET)
Wall Street bonuses poised to recover on back of market gains - report
Seeking Alpha News (Tue, 7-May 1:03 PM ET)
JPMorgan Chase (NYSE:JPM) Pulls Back on Asia, Shares Gain Slightly
TipRanks (Tue, 7-May 12:36 PM ET)
JPMorgan lays off at least seven Asia investment-banking jobs - report
Seeking Alpha News (Tue, 7-May 10:39 AM ET)
TipRanks (Tue, 7-May 7:43 AM ET)
JPMorgan Chase records $8B gain from exchange of Visa B-1 shares
Seeking Alpha News (Mon, 6-May 6:27 PM ET)
JPMorgan Chase Announces Visa's Acceptance of Class B-1 Common Stock
Business Wire (Mon, 6-May 5:44 PM ET)
Morgan Stanley Gets New Tech Team Leader - Veteran Crystal Zhu From JPMorgan
Benzinga (Mon, 6-May 1:01 PM ET)
JPMorgan Chase Investor Day 2024
Business Wire (Fri, 3-May 4:32 PM ET)
From Speculation To Revelation: JPMorgan Reportedly Unveils IndexGPT AI Tool
Benzinga (Fri, 3-May 1:43 PM ET)
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $3.9 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
JPMorgan Chase trades on the NYSE stock market under the symbol JPM.
As of May 7, 2024, JPM stock price declined to $191.75 with 6,756,153 million shares trading.
JPM has a beta of 1.00, meaning it tends to be more sensitive to market movements. JPM has a correlation of 0.43 to the broad based SPY ETF.
JPM has a market cap of $552.31 billion. This is considered a Mega Cap stock.
Last quarter JPMorgan Chase reported $43 billion in Revenue and $4.44 earnings per share. This beat revenue expectation by $4 billion and exceeded earnings estimates by $.33.
In the last 3 years, JPM stock traded as high as $200.94 and as low as $101.28.
The top ETF exchange traded funds that JPM belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
JPM has outperformed the market in the last year with a return of +43.3%, while the SPY ETF gained +27.0%. In the last 3 month period, JPM beat the market returning +10.0%, while SPY returned +4.1%. However, in the most recent 2 weeks JPM has underperformed the stock market by returning -0.2%, while SPY returned +2.3%.
JPM support price is $189.84 and resistance is $194.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JPM stock will trade within this expected range on the day.