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Monday, April 29, 2024

Biggest Swings: Southern Michigan Bancorp Inc. (SOMC:PKC) among top 50 on March 23

Stock market 25 edited

Southern Michigan Bancorp Inc. (SOMC:PKC) saw one of the biggest daily changes on Wall Street, up 1.2 percent throughout the day.

It rose $0.25, placing it 11th among the top 50 biggest swings in Wall Street during the time frame.

Shares in Southern Michigan Bancorp Inc. finished on March 23 at $21.25.

Southern Michigan Bancorp Inc. employs 173 people and has reported $11,760,000 USD in income.

Stock fluctuations are affected by several factors, from news about the company involved to global trade difficulties or successes.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

Nothing in this article is to be assumed as financial advice.

Biggest stock market swings on March 23

Company NamePercentage ChangeCurrent Trading Price
Instadose Pharma Corp.1,599,900%$8
Clone Algo Technologies Inc.25%$2.5
Biostem Technologies Inc.11.9%$1.5
Immune Therapeutics Inc.-11.9%$1.55
Scheid Vineyards Inc.5.9%$16.95
Exodus Movement Inc.4.4%$19
Bank Of Idaho Holding Co.3.4%$33.1
Triad Business Bank-2.4%$10.25
Chesapeake Financial Shares Inc.-2.2%$28.7
Western Capital Resources Inc.-2.2%$7.14
Southern Michigan Bancorp Inc.1.2%$21.25
Burke & Herbert Bank & Trust Co.-0.7%$2,200
SSB Bancorp Inc.0.6%$9.05
First Resource Bank (Pennsylvania)0.2%$11.8

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