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-0.000867804454729567 9.64227171920828E-05 -9.64227171922198E-05 0.00106064988911387 9.64227171920828E-05 0.00549609487995365 0.00260341336418856 0.0122456850834056
Stock impact report

Why Cathay General Bancorp (CATY) Stock Is Up Today [Yahoo! Finance]

Cathay General Bancorp (CATY) 
Last cathay general bancorp earnings: 4/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: cathaybank.com/cathay-general/home
Company Research Source: Yahoo! Finance
The strong performance from these larger financial institutions reportedly lifted forecasts for S&P 500 profits. This wave of good news created a favorable environment for the entire industry, boosting investor confidence and lifting shares of other banking companies, including Cathay General Bancorp. The market reaction suggested that the robust results from the industry leaders signaled underlying strength and a positive outlook for the financial sector as a whole. After the initial pop the shares cooled down to $51.76, up 4.2% from previous close. Is now the time to buy Cathay General Bancorp? Access our full analysis report here, it's free Cathay General Bancorp's shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the Show less Read more
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