Amalgamated Financial (AMAL) Soars 5.0%: Is Further Upside Left in the Stock?
Amalgamated Financial (AMAL) shares ended the last trading session 5% higher at $33.55. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.2% gain over the past four weeks.The increase in the share price of Amalgamated Financial comes as investors are viewing the U.S. capture of Venezuela’s President Maduro as opening a new opportunity set for banks. Moreover, investors are still anchored to a narrative of continued ...