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Shares of JPMorgan Chase & Co. (JPM) rallied 2.61% to $118.39 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.13% to 4,210.24 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. This was the stock's second consecutive day of gains. JPMorgan Chase & Co. closed $54.57 short of its 52-week high ($172.96), which the company reached on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) rose 3.39% to $35.07, Citigroup Inc. (C) rose 2.11% to $53.19, and Wells Fargo & Co. (WFC) rose 2.14% to $44.33. Trading volume (12.8 M) eclipsed its 50-day average volume of 12.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 17:02 ET (21:02 GMT)
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