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home / news releases / JPM - Hot Stocks: Bitcoin bounce JPM comments a bumpy RIDE drug developers in focus

JPM - Hot Stocks: Bitcoin bounce JPM comments a bumpy RIDE drug developers in focus

JP Morgan Chase & Co.
peshkov/iStock via Getty Images Bitcoin (BTC-USD) received a boost on Monday thanks to comments from a couple of heavy hitters. Both Elon Musk and Paul Tudor Jones made remarks that goosed the cryptocurrency. Investors got some macro insight from a couple of top minds in the financial industry. The heads of both JPMorgan (JPM) and Bank of America (BAC) gave their insights on the current state of the economy on Monday. On the stock front, Lordstown (RIDE) suffered another major sell-off. This time, many investors abandoned the electric truck company after it announced a major leadership change. Otherwise, drug developers drew attention for a series of individual stories. Novavax (NVAX), Avenue Therapeutics (ATXI), and Enochian BioSciences (ENOB) all had dramatic sessions on individual news announcements. Bitcoin rose on Monday, moving above the $40,000 level. The advance followed another tweet by Elon Musk, who said Tesla (TSLA) will accept the crypto

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Hot Stocks: Bitcoin bounce, JPM comments, a bumpy RIDE, drug developers in focus
Stock Information
Company Name: JP Morgan Chase & Co.
Stock Symbol: JPM
Market: NYSE
Website: jpmorganchase.com
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