JPMorgan stock is too expensive

From CNBC: 2024-05-20 16:44:19

Jamie Dimon, CEO of JPMorgan Chase, holds firm on not buying back stock at these pricey levels, citing $205.88 share price as too high. Comments on possible retirement send shares down 4.5%. JPMorgan under response of buying back shares. Dimon cautious on economic risks like inflation and interest rates, contradicting market sentiment.

Read more: JPMorgan stock is too expensive