Patriot National Bancorp, Inc. shares fall 2.52% intraday as dollar weakens on Fed rate cut expectations.

Patriot National Bancorp, Inc. declined 2.52% intraday. The drop in the stock price may be attributed to the broader market sentiment influenced by the dollar hitting a 7-week low due to anticipated downward revisions in U.S. jobs data, which could signal deeper Federal Reserve interest rate cuts. This economic uncertainty likely contributed to the bearish movement in the stock.