Strength Seen in Tree.com (TREE): Can Its 22.1% Jump Turn into More Strength?

Tree.com (TREE) shares rallied 22.1% in the last trading session to close at $34.87. 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 20.4% gain over the past four weeks.Federal Reserve signaled the end of interest rate hikes this cycle in December 2023 and also indicated three interest rate cuts by 2024 end. A decline in interest rates is likely to result in a greater demand for consumer loans. Further, decli ...