JPMorgan falls after Trump imposes $100,000 fees for new H-1B visas

ReutersSep 22, 2025 9:55 AM

Wall Street giant JPMorgan Chase's JPM.N shares fall 1.7% to $309.60 premarket

Trump administration on Friday announced it would impose a $100,000 fee for new H-1B visas from Sunday, a blow to companies that rely on skilled workers from India and China

JPM is among the top companies most dependent on U.S.-based employees with H-1B visas, according to data from United States Citizenship and Immigration Services

16 of 26 brokerages rate the stock "buy" or higher, 8 "hold" and 2 "sell" or lower; median PT $307 - data compiled by LSEG

As of last close, JPM stock up 31.3% YTD

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