5 Hottest Stocks to Watch on Wednesday

4. JPMorgan Chase & Co. (NYSE:JPM) has fallen 2.5% as of 11:51 AM ET after the New York-based diversified financial services company reported a lower than expected bottom line for Q1 2022. The decline is being attributed to the fact that deal-making became challenging following the start of the conflict between Russia and Ukraine. JPMorgan Chase & Co.’s (NYSE:JPM) revenue declined by 5% from the same quarter last year to $30.86 billion in Q1 2022, missing the consensus estimate of $31.59 billion.

Of the 924 hedge funds in Insider Monkey’s database, 107 funds held a stake in JPMorgan Chase & Co. (NYSE:JPM) as of Q4 2021. Fisher Asset Management is the leading investor in JPMorgan Chase & Co. (NYSE:JPM), with a stake worth over $1.1 billion.