Why Associated Banc's Stock is Trading Higher Today

The Price And Volume Action In Associated Banc's Stock Today

Associated Banc's ASB stock has been rising Wednesday, up 7.49% to a price of $19.01. The stock's volume is currently 272.47 thousand, which is roughly 27.41% of its recent 30-day volume average of 993.97 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Shares of several banks and financial services companies are trading higher amid an increase in yields. Investors also continue to watch incoming Georgia Senate election results, as a Democratic victory could potentially help alleviate stimulus gridlock.

Perspective On Recent Price Action

The stock's 50-day moving average was $15.78 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $21.82 and fallen to a low of $10.23.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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