JPMorgan Stock Loses Over 100% of Its Post-Election Rally. But Why?
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JPMorgan Chase has erased its entire post-election stock rally after settling Epstein-related claims for $365 million and facing a Senate probe that could result in subpoenas. The bank's shares have given back all gains logged since the November 2024 election, with the Senate investigation adding fresh legal and reputational pressure. The settlement resolves claims tied to Jeffrey Epstein's accounts at the bank, while the probe keeps the matter in the public eye. Investors are watching whether the Senate formally issues subpoenas and whether further legal costs emerge.
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JPMorgan (JPM), Jeffrey Epstein, US Senate
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