Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Buffered Digital Notes. The notes, priced at $445,000 in total, are linked to the performance of the least performing stock among Apple Inc., Palantir Technologies Inc., and Palo Alto Networks, Inc. The investment offers a fixed return of 26.00% at maturity on May 1, 2025, if the final value of the least performing stock is not less than its initial value by more than 25.00%. The notes were priced on April 23, 2024, and are expected to settle by April 26, 2024. Investors should note that they risk losing up to 75.00% of their principal if the final stock value falls beyond the buffer amount. The notes are unsecured and unsubordinated...Show More