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$CFSB Bancorp made the loudest noise, skyrocketing 67% to close at $13.68 — a jaw-dropping move for a relatively low-volume financial name. The spark? A buyout deal. Hometown Financial Group announced it will acquire CFSB and its subsidiary, Colonial Federal Savings Bank, in an all-cash deal that values shares at $14.25, totaling around $44 million. The market clearly priced in the news with enthusiasm, as the stock exploded past its average volume by nearly 100 times. Investors are betting not only on the deal closing but also on potential shareholder benefits, especially with Monteverde & Associates investigating the merger — a signal that some believe there may be more value left on the table.
$BDSX Biodesix surged 46% to $0.40 after a combination of insider buying and upcoming investor events put the stock on traders’ radars. The company reported that Jack Schuler, a notable investor, scooped up over 4.7 million shares at $0.28 - a bold bet that sent a strong message of confidence. Combine that with their upcoming appearance at the Craig-Hallum Institutional Investor Conference, and you’ve got a recipe for momentum-fueled optimism. With over 350 million shares traded — far beyond the average — today was a breakout moment that few saw coming but many jumped on.
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Yesterday at 01:39
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