Dime Community (DCOM) Stock Jumps 5.6%: Will It Continue to Soar?
DCOMDime(DCOM) ZACKS·2024-07-16 18:05

Dime Community (DCOM) shares soared 5.6% in the last trading session to close at $23.07. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 21.5% gain over the past four weeks.Shares of Dime Community rallied for the sixth straight trading session. Encouraging inflation numbers and a rising unemployment rate are giving confidence to the Federal Reserve that prices will eventually come down toward the 2% target. So, market participan ...