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Doral Financial Surges 26%

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Shares of Doral Financial Corp. (NYSE: DRL) have gained more than 50 percent since bouncing off a low of $3.01 on December 23.

The stock had remained just above $3.50 until Monday’s trading session, when the stock broke through the $4.00 level at mid-day.

The stock closed Monday at $4.57, up 26.59 percent.

The gains followed last week’s news that the company had been raided by the FBI.

 

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