Patriot National Bancorp Shares Surge 12%: What's Driving the Rally?

Wednesday, Jun 4, 2025 12:16 pm ET1min read
PNBK--
Patriot National Bancorp, Inc. rose 11.97% intraday, with the company announcing the issuance of 8.5 million shares. This news event is likely to have a positive impact on the stock price, as it indicates that the company is raising capital, which can be used for expansion or other strategic initiatives.

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