Published on 14 Sep 2022 on Market Watch
JPMorgan Chase & Co. stock falls Wednesday, underperforms market
Shares of JPMorgan Chase & Co. slipped 0.23% to $116.12 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,946.01 and the Dow Jones Industrial Average rising 0.10% to 31,135.09. This was the stock's second consecutive day of losses. JPMorgan Chase & Co. closed $56.84 short of its 52-week high ($172.96), which the company reached on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Bank of America Corp. fell 0.38% to $33.87, Citigroup Inc. fell 1.16% to $48.43, and Wells Fargo & Co. rose 0.14% to $43.28. Trading volume (9.3 M) remained 2.1 million below its 50-day average volume of 11.4 M.