Thurston Springer Miller Herd & Titak Inc. cut its JPMorgan Chase & Co. stake by 80.1% in the third quarter, selling 7,030 shares and holding 1,747 shares worth $578,000 at quarter-end, about 1.0% of its portfolio. Other institutional investors and hedge funds also modified their JPM holdings in the quarter, with several increasing their positions. In results news, third-quarter revenue rose about 8% year-over-year to roughly $50.2 billion and net income increased 6%, but adjusted earnings of $5.75 per share missed the $5.94 consensus estimate. The stock opened at $335.03 on Thursday, and CEO Jamie Dimon warned that prolonged high interest rates could weaken consumer credit.
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JPM
• NeutralJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/14/2026 | 335.28 |
| Change that session | +1.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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