"Jamie Dimon's Massive Stock Sell-Off Raises Eyebrows at JPMorgan"

1 min read
Source: Fortune
"Jamie Dimon's Massive Stock Sell-Off Raises Eyebrows at JPMorgan"
Photo: Fortune
TL;DR

JPMorgan CEO Jamie Dimon and his family sold $150 million worth of the bank's stock, marking his first sale since taking the helm 18 years ago. The stock, which has outperformed the market and peers, is trading at a record high. Dimon continues to hold about 7.7 million shares after the sales and believes in the company's strong prospects. Analysts are bullish on JPMorgan shares, with the stock rallying 27% last year and gaining 0.5% on Friday.

Share this article

Want the full story? Read the original reporting

Read on Fortune