Why Is JPMorgan Chase Down Following Earnings? Here Are 4 Things Investors Need to Know.
The stock price of the largest bank in the U.S. fell 6.5% after providing guidance that disappointed investors.Several banks in the U.S. kicked off the first-quarter earnings season, with investors paying particular attention to the largest bank in the U.S., JPMorgan Chase (JPM 0.06%). The bank beat analysts' top- and bottom-line estimates on several metrics. Despite this, the stock price dropped by 6.5% on the Friday following its morning earnings call.Here are four things investors need to know about JPMo ...