Carter Bankshares rally cools for now as market looks for next move
Carter Bankshares dropped 1.9% to $26.84 on Wednesday, giving back some ground after a recent rally put the Virginia bank close to a 52-week high. MarketWatch had the Nasdaq stock closing at $26.84, off 51 cents as of 4:00 p.m. EDT. The move is notable since the stock hasn’t acted like a typical small bank. It hit $27.86 on Tuesday before moving lower Wednesday. StockAnalysis put volume at 217,125 shares Wednesday, down from 254,683 shares Tuesday.