First Guaranty Bancshares (FGBI) Surges 6.7%: Is This an Indication of Further Gains?
First Guaranty Bancshares (FGBI) shares ended the last trading session 6.7% higher at $8.14. 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 11.7% gain over the past four weeks.Shares of First Guaranty Bancshares rallied for the second consecutive trading session yesterday. The postponement of tariffs for 90 days seems to have provided some relief to the bank investors. Hence, FGBI shares moved higher yesterday.Thi ...