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Bank Stocks Tumble on Earnings Outlook, JPM Leads Fall

By Barry Stearns

4/13, 06:13 EDT
  • JPMorgan's share performance plummeted by over 6% on April 12, reflecting investor reactions to the bank's first-quarter results and forward-looking statements.
  • Wells Fargo and Citigroup also experienced declines in their share performance on the same day, though less pronounced than JPMorgan, indicating market concerns extend across major banking institutions.