Bank of Marin (BMRC) Moves 5.5% Higher: Will This Strength Last?

Bank of Marin (BMRC) shares soared 5.5% in the last trading session to close at $17.40. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.3% gain over the past four weeks. Shares of Bank of Marin rallied for the third straight trading session. With the Federal Reserve keeping an eye on employment reports and cooling inflation numbers, market participants are projecting interest rate cuts as soon as during the September FOMC meet ...