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Axos Financial (AX) Moves 7.7% Higher: Will This Strength Last?
AXAxos Financial(AX) ZACKS·2024-07-17 10:10

Axos Financial (AX) shares ended the last trading session 7.7% higher at $70.81. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.2% gain over the past four weeks.Shares of Axos Financial rallied for the six straight trading session and hit a 52-week high of $71.95. Encouraging inflation numbers and cooling employment data have increased the chances of the Federal Reserve cutting the interest rates as early as du ...