Byline Bancorp (BY) Surges 5.5%: Is This an Indication of Further Gains?
BYByline Bancorp(BY) ZACKS·2024-07-17 18:20

Byline Bancorp (BY) shares ended the last trading session 5.5% higher at 27.53.Thejumpcameonanimpressivevolumewithahigherthanaveragenumberofshareschanginghandsinthesession.Thiscomparestothestocks14.727.53. 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 14.7% gain over the past four weeks.Shares of Byline Bancorp rallied for the seventh straight trading session and hit a 52-week high of 27.63. Encouraging inflation numbers and cooling employment data have increased the chances of the Federal Reserve cutting the interest rates as early a ...