With $3.1 trillion in assets under management, JPMorgan Chase & Co. (JPM) is a leading global financial services firm with operations worldwide. The company's shares have gained 9.1% in price over the past year, driven by solid topline growth across all segments.
However, the stock declined 6.2% after the JPM posted unimpressive quarterly results last week. Closing yesterday's trading session at $151.27, the stock is currently trading 12.5% below its 52-week high of 172.96, which it hit on Oct. 25, 2021. In addition, last month, the bank had to pay a $200 million fine to resolve claims that its Wall Street business allowed employees to avoid record-keeping regulations by using texting applications.
