JPMorgan Chase faces potential $90B market cap loss upon CEO Jamie Dimon's succession.
JPMorgan Chase faces uncertainty regarding CEO Jamie Dimon's succession, with expectations of a stock decline afterward. The stock currently holds a "Jamie premium" of 10-15%, potentially translating to a $90 billion loss in market cap upon his departure. Analysts suggest that how the succession is managed will influence the stock's value drop, with a sudden exit possibly causing a decline of 10% or more, while a planned transition may mitigate losses.
September 30, 2024
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