JPMorgan Chase & Co. stock rises Friday, outperforms market

JPMorgan Chase & Co. stock rises Friday, outperforms market

Shares of JPMorgan Chase & Co. JPM, +0.99% inched 0.99% higher to $167.16 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.41% falling 0.41% to 4,677.03 and Dow Jones Industrial Average DJIA, -0.01% falling 0.01% to 36,231.66. This was the stock’s second consecutive day of gains. JPMorgan Chase & Co. closed $5.80 short of its 52-week high ($172.96), which the company reached on October 25th.

The stock underperformed when compared to some of its competitors Friday, as Bank of America Corp. BAC, +2.18% rose 2.18% to $49.18, Citigroup Inc. C, +1.34% rose 1.34% to $65.78, and Wells Fargo & Co. WFC, +2.13% rose 2.13% to $54.77. Trading volume (13.6 M) eclipsed its 50-day average volume of 10.7 M.

Share:
error: Content is protected !!