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JPMorgan Stock Rises Despite First Earnings Miss Since 2023

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JPMorgan Stock Rises Despite First Earnings Miss Since 2023

JPMorgan Chase (NYSE: JPM) shares rose 1.71% to $340 in pre-market trading on Tuesday, despite the banking giant reporting its first quarterly earnings miss since late 2023, as weaker bond trading, a sequential decline in investment banking fees, and investment securities losses weighed on third-quarter results. The stock recovered after falling nearly 3% after the earnings announcement.

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