Banc of California (BANC) Surges 8.0%: Is This an Indication of Further Gains?

Banc of California (BANC) shares ended the last trading session 8% higher at $13.03. 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 9.3% loss over the past four weeks.Banc of California 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 BANC ...