Bank Stocks Take a Wild Ride: Money Trees Grow Different Fruits
Key Points
- PT Bank Mandiri's stock is hitting lows while China Construc...
Banking stocks are having quite the identity crisis lately - some soaring like eagles while others are doing their best impression of a lead balloon. Let's dive into this financial soap... err, quarterly report of three very different banking stories.
From Riches to "Rich-ish" PT Bank Mandiri is having what we'd politely call a "character-building moment." Their stock hit a fresh 52-week low of $10.63 on March 25, 2025, which is about as exciting as finding out your savings account interest rate. The previous close at $10.76 wasn't much better, falling well below their 50-day average of $...
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