JPMorgan Stock: A Review of 2016
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JPMORGAN CHASE 2016: A Year in Review $40 $45 $50 $55 $60 $65 $70 $75 $80 $85 $90 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec PRICE PER SHARE
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Transcript of JPMorgan Stock: A Review of 2016
JPMORGAN CHASE 2016: A Year in Review
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The year gets off to
a rough start, with
bank stocks
trending down.
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Energy prices are the culprit.
When oil drops under $30 a barrel
in January, investors worry that
banks will see elevated loan
losses from energy companies.
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JPMorgan bottoms
out at $53 a share on
Feb. 11th.
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As oil prices recover,
so do bank stocks,
including JPMorgan
Chase.
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EA new issue emerges,
as voters in the U.K.
vote in June to leave
the European Union,
throwing markets into
turmoil.
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JPMorgan bottoms
out at $57 a share
one week later.
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Shares of JPMorgan
mount a recovery, as
investors come to
terms with “Brexit.”
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The presidential election in
November causes bank stocks to
soar, reflecting Trump’s vow to
deregulate banking and cut taxes.
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JPMorgan ends
the year up by
35%.
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