Strength Seen in Capital City Bank (CCBG): Can Its 7.8% Jump Turn into More Strength?
Capital City Bank Group(CCBG) ZACKS·2024-07-12 19:26
Capital City Bank (CCBG) shares ended the last trading session 7.8% higher at $29.53. 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 0% gain over the past four weeks.Shares of Capital City rallied for the second consecutive trading session. With the Federal Reserve keeping an eye on employment reports and cooling inflation numbers, market participants are projecting interest rate cuts as early as September. Thus, ...