Why JPMorgan Chase Stock Slumped by Almost 2% Today
JP MORGAN CHASE(US:JPM) The Motley Fool·2026-02-28 00:40Is the finance sector about to experience a technological earthquake?Many investors were shaken by this fear on Friday, and it motivated them to sell out of finance stocks. Even the mighty JPMorgan Chase (JPM 2.28%) couldn't escape the rout, even though its stock fell less precipitously than others with a 1.9% drop on the day.The dangers of disruptionThese fears aren't new or unexpected, but they were given plenty of oxygen by next-generation payments specialist Block. In a letter to shareholders distribute ...