Hope Bancorp (HOPE) Surges 5.5%: Is This an Indication of Further Gains?
Hope BancorpHope Bancorp(US:HOPE) ZACKS·2025-12-11 19:25

Hope Bancorp (HOPE) shares ended the last trading session 5.5% higher at 11.54.Thejumpcameonanimpressivevolumewithahigherthanaveragenumberofshareschanginghandsinthesession.Thiscomparestothestocks4.811.54. 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 4.8% gain over the past four weeks.A 25-basis-point interest rate cut and a dovish Fed stance are likely to have turned Hope Bancorp investors bullish. Thus, this drove the HOPE stock higher.This bank holding company is expected to post quarterly earnings of 0.26 per share in its upcomin ...