Sluggish volumes in Keycorp. (KEY) leaves room for the stock to remain subdued
By Mark Moneymaster
October 29, 2009 1:04 PM
October 29, 2009 1:04 PM
Symbols: KEY
KeyCorp. (NYSE: KEY), a small-cap regional banker, has gained 5.45% by afternoon trades to $5.8 on Thursday. The KeyCorp. (KEY) stock, which has run-up today by afternoon trades, however, continues to be in a bearish zone.
The fact that Keycorp. (KEY) stock has not gained on high volumes also leaves doubts that Keycorp. (KEY) stock may continue to remain slugglish in the medium term, and has little scope to surge further.
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