Why These 5 Stocks Were in the Spotlight This Week

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In this article, we discuss 5 trending stocks this week. If you want to check out some more companies trending this week, go directly to Why These 10 Stocks Were in the Spotlight This Week.

5. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 104

JPMorgan Chase & Co. (NYSE:JPM) declined by over 4.2% given the decline in the financial sector and the 3% retreat in the broader market. Despite the volatility, Reuters reported that JPMorgan Chase & Co. (NYSE:JPM) intends to hire 2,000 engineers globally through the end of the year. JPMorgan Chase & Co. (NYSE:JPM)’s global chief information officer Lori Beer said, “We’re definitely still hiring.. When you’re going into a tough economic time and things are very volatile, it does play into our favor.”

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