Investor Beat: Sept. 19, 2013
The following video is from Thursday's Investor Beat, in which host Chris Hill and Motley Fool analysts Tim Hanson and Joe Magyer dissect the hardest-hitting investing stories of the day.
JPMorgan Chase has agreed to pay $920 million in penalties over its London Whale trade last year that went badly. In our lead story, Tim and Joe discuss how concerned they are about the company after this, just how big a fine this was for JPMorgan, and whether or not it is out of the woods.
The guys also take a look at four stocks making big moves. Pier 1 Imports fell today on both lower-than-expected second-quarter profits and lowered guidance for the full year. Rite Aid soared to a six-year high after strong second-quarter results. First-day sales of more than $800 million for Grand Theft Auto V didn't seem to move parent company Take-Two Interactive's shares much higher. And Groupon hits a 52-week high on news of an analyst's upgrade.
Finally, Joe and Tim discuss why they'll be keeping a close eye on shares of CARBO Ceramics and TD Ameritrade this week.
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The article Investor Beat: Sept. 19, 2013 originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. Joe Magyer owns shares of TD Ameritrade and JPMorgan Chase. Tim Hanson has no position in any stocks mentioned. The Motley Fool recommends Facebook, Take-Two Interactive , and TD Ameritrade. It owns shares of Facebook, JPMorgan Chase, and TD Ameritrade. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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