JPMorgan Chase Stock Price Falls 1.1% Amid Increased Revenue
JPMorgan Chase & Co.'s (NYSE:JPM) stock fell by 1.1% during mid-day trading on Wednesday, with shares trading as low as $330.83 and last traded at $331.3660.
Approximately 9,059,566 shares changed hands during the session, a decline of 3% from the average daily volume of 9,303,865 shares.
The financial services provider's stock had previously closed at $334.98 and has a market capitalization of $880.83 billion.
JPMorgan Chase & Co.'s revenue for the quarter was up 27.7% compared to the same period last year, with earnings per share (EPS) reaching $6.14, topping analyst estimates of $5.59 by $0.55.