JPMorgan Chase (JPM) Stock: Wall Street Dumps Shares Despite Earnings Win

TLDR JPMorgan shares fell 4.2% Tuesday despite earnings of $5.23 per share beating forecasts by 5% Year-over-year profits dropped 7% as investment banking fees disappointed Wall Street Apple credit card partnership reduced earnings by 60 cents per share, requiring $2.2 billion in reserves Revenue of $46.77 billion exceeded analyst expectations of $46.25 billion Stock recovered [...]

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