Why Columbia Financial Stock Rocked the Market Today
Investors were cheered not only by solid quarterly results but also by the company's upcoming asset buy.Monday was quite the eventful day for bank holding company Columbia Financial (CLBK +8.91%). It published its latest set of fundamentals and announced the acquisition of a peer. Investors clearly considered both developments to be positive, as they traded Columbia's stock up by nearly 9% that trading session.A memorable MondayThe first of those two was the acquisition announcement. Columbia divulged that ...