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Strength Seen in First Community (FCCO): Can Its 7.9% Jump Turn into More Strength?
FCCOFirst munity (FCCO) Zacks Investment Research·2024-03-06 11:21

First Community (FCCO) shares rallied 7.9% in the last trading session to close at $17.40. 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 8.9% loss over the past four weeks.After getting hammered because of industry-wide concern related to commercial real estate (CRE) loans, shares of First Community are showing signs of improvement. The company’s manageable CRE loan exposure and the Federal Reserve’s signal ...