FinWise Bancorp (FINW) Stock Jumps 5.5%: Will It Continue to Soar?

FinWise Bancorp (FINW) shares ended the last trading session 5.5% higher at $15.60. 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 12.6$15.74 on Monday. The recent 50 basis points interest rate cut by the Federal Reserve led to an optimistic investor sentiment toward bank stocks. As rates go down, demand for loans is expected ...