Citizens Community Bancorp (CZWI) Moves 5.1% Higher: Will This Strength Last?
Citizens Community Bancorp, Inc. (CZWI) shares soared 5.1% in the last trading session to close at $13.07. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.7% gain over the past four weeks. This is a positive development for bank stocks that have been reeling under the Fed's aggressive monetary tightening. As the rates come down, so will banks' funding costs. Also, demand for loans is expected to improve. Hence, the investors tu ...