JPMorgan Down 2.6% After Fitch Warns Downgrade Could Be Coming

According to credit rating agency Fitch, Wall Street banks, including JPMorgan, may have their ratings lowered if the operational climate for their sector continues to deteriorate. In response to the reports, JPMorgan’s stock dropped 2.6% to $150.64 per share, while other lenders also saw price changes. According to a report from CNBC on Tuesday, a … Read more