Citizens & Northern (CZNC) Moves 5.2% Higher: Will This Strength Last?

Citizens & Northern (CZNC) shares ended the last trading session 5.2% higher at $20.49. 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 1.6% gain over the past four weeks.On Friday, during his speech at Jackson Hole, Federal Reserve Chair Jerome Powell signaled that a rate cut could come as early as September, citing rising risks in the labor market and easing inflation pressures. This marks a shift from the Fed’s ...