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Jpmorgan Chase & Co. shares fall 3.22% intraday after HSBC downgrades stock rating to 'underweight' and ahead of Q2 earnings report.
ByAinvest
Tuesday, Jul 8, 2025 2:55 pm ET1min read
Jpmorgan Chase & Co. fell 3.22% intraday, following HSBC's downgrade of the stock from 'hold' to 'reduce' as part of a broader downgrade of the banking sector, and ahead of the company's Q2 earnings report on July 15, where earnings per share are expected to decline to $4.47 from over $6 last year due to lower investment banking fees and increased industry uncertainty.
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