East West Bancorp (EWBC) Surges 8.6%: Is This an Indication of Further Gains?

East West Bancorp (EWBC) shares rallied 8.6% in the last trading session to close at $77.16. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.8% loss over the past four weeks.East West Bancorp shares rallied sharply, benefiting from broad market strength following President Donald Trump’s announcement of a 90-day suspension on tariffs for non-retaliating countries. The policy shift eased trade tensions and ...