CARV up on no news, apparentlybaby float = 1.35M
registrations = surprisingly, don't see any on shelf
warrants & and convertible debt = don't see either
NCAV = not too meaningful, given it's a financial company; but net positive on interest-earning assets vs. liabilities
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Carver Bancorp inc surges over 600%, here is why:
Federal Reserve support is one of the potential drivers of NASDAQ: CARV.
Interest in black-owned businesses following protests is another factor.
fxstreet.com/news/carv-stock-price-carver-bancorp-inc-surges-over-600-here-is-why-202006171504
traders aid trends associated with supporting Black-owned businesses amid global protests against police brutality.
The stocks have also seen increased interest from retail investors
The trend has evolved from long-standing traditions in Black communities to lift up and invest in their own people.
bloomberg.com/news/articles/2020-06-17/-buying-black-spurs-huge-gains-in-carver-bank-urban-one-shares
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.