JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019.
Mandel Ngan | AFP | Getty Images
JPMorgan Chase shares rose Tuesday after CEO Jamie Dimon called the biggest U.S. bank “very valuable” at the current price.
“I think JPMorgan is a very valuable company at these prices,” Dimon said in response to a question at a virtual financial services conference about the company’s valuation.
JPMorgan shares surged 7.9% to $96.55 after Dimon made the remarks
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