Western Alliance (WAL) Surges 12.4%: Is This an Indication of Further Gains?

Western Alliance (WAL) shares soared 12.4% in the last trading session to close at $68.54. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 17.2% loss over the past four weeks.Western Alliance stock rallied, driven by a massive jump in the broad markets. The jump was attributable to President Donald Trump’s announcement of a 90-day tariff pause for the non-retaliating nations. This cheered the investors, driving the WAL stock high ...