Tree.com (TREE) Moves 12.9% Higher: Will This Strength Last?

Tree.com (TREE) shares rallied 12.9% in the last trading session to close at $62.91. 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 0.4% loss over the past four weeks.The company's shares moved sharply higher after President Donald Trump announced plans for large-scale purchases of U.S. mortgage bonds aimed at lowering mortgage rates and easing housing affordability. The policy boosted investor sentiment acr ...