Popular Inc. (BPOP) Shares Soar 3.75% in Two Days

Generado por agente de IAAinvest Movers Radar
martes, 13 de mayo de 2025, 8:33 pm ET1 min de lectura
BPOP--

Popular Inc. (BPOP) shares surged 0.44% today, marking the second consecutive day of gains, with a total increase of 3.75% over the past two days. The stock price reached its highest level since February 2025, with an intraday gain of 1.44%.

The strategy of buying BPOPBPOP-- shares after they reached a recent high and holding for 1 week resulted in a 9.16% annual return with 66.88% of months positive over the past five years. However, this was lower than the benchmark's 13.81% annual return and 69.38% of months positive. The maximum drawdown of 23.55% during the period highlights the strategy's vulnerability during market downturns.

Popular Inc. has demonstrated strong liquidity, with $22.6 billion in available resources as of the first quarter of 2025. This robust financial position is supported by core deposits, which form the backbone of the company's funding strategy. The company's ability to maintain a healthy liquidity position is a key factor in its recent stock performance, as investors are reassured by the company's financial stability and ability to weather economic uncertainties.


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