Amalgamated Financial: Profits Up, Stock Down. What's Next?

Amalgamated Financial profits despite stock struggles! The New York bank reported a $26.8 million profit (88 cents per share) for the third quarter, but its stock price has plummeted 20% this year. Is it rising interest rates and economic uncertainty spooking investors, or will Amalgamated Financial adjust its strategy to reassure the market? Find out what's next for this intriguing financial story.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.