Published on 11 May 2022 on Market Watch
Shares of JPMorgan Chase & Co. sank 0.63% to $118.14 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's fifth consecutive day of losses. JPMorgan Chase & Co. closed $54.82 below its 52-week high ($172.96), which the company achieved on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Bank of America Corp. fell 0.53% to $35.57, Citigroup Inc. fell 2.24% to $47.66, and Wells Fargo & Co. fell 1.18% to $42.57. Trading volume (14.5 M) remained 1.6 million below its 50-day average volume of 16.1 M.
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