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Strength Seen in Customers Bancorp (CUBI): Can Its 6.6% Jump Turn into More Strength?
CUBICustomers Bancorp(CUBI) ZACKS·2024-07-12 12:42

Customers Bancorp (CUBI) shares soared 6.6% in the last trading session to close at $55.95. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.3% gain over the past four weeks. Shares of Customers Bancorp rallied for the fourth straight trading session. With the Federal Reserve keeping an eye on unemployment reports and cooling inflation numbers, market participants are projecting interest rate cuts as early as during the Septemb ...