Blue Ridge Bankshares Gains 33.7% in 6 Months: How to Play the Stock?

Blue Ridge Bankshares, Inc. (BRBS) investors have been experiencing some short-term gains from the stock lately, despite its bumpy ride over recent months. Shares of the Richmond, VA-based holding company of Blue Ridge Bank, National Association and BRB Financial Group, Inc., have gained 33.7% in the past six months compared with the industry’s 19.7% rise. In the same time frame, the stock also outperformed the sector and the S&P 500’s 9.6% and 15.7% gain, respectively.Two key recent developments for BRBS i ...