JPM Stock Price Hit by Earnings Miss – but Bigger Troubles Ahead

The JPMorgan Chase & Co. (NYSE: JPM) stock price faltered more than 4% on this morning on an earnings miss. JPMorgan was hit hard by legal fees. The bank, along with several other big banks across the globe, had to cough up just over $1 billion. Most of that stems from a November settlement tied to shady activity in the foreign exchange market. But legal fees are nothing new. The post JPM Stock Price Hit by Earnings Miss – but Bigger Troubles Ahead appeared first on Money Morning - Only the News You Can Profit From .