Investar (ISTR) Moves 5.8% Higher: Will This Strength Last?

Investar (ISTR) shares ended the last trading session 5.8% higher at $20.44. 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 3.5% gain over the past four weeks.Investar will acquire Wichita Falls Bancshares, the parent of First National Bank, for approximately $83.6 million in cash and stock. The deal includes 3,955,334 Investar shares and $7.2 million in cash, valuing Wichita Falls at $134.67 per share. This marks ...