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home / news releases / COHN - Cohen & Co. stock drops after Wednesday surge

COHN - Cohen & Co. stock drops after Wednesday surge

Cohen & Company Inc.
After more than doubling on Wednesday, Cohen & Co.'s (COHN) stock price retreats 33% in early afternoon (East Coast time) trading on more reasonable, though still strong, volume for the low float stock.More than 255K shares changed hands at 1:10 PM ET, more than double its three-month daily average of 103.7K. By comparison, its trading volume was almost 5.69M shares on Wednesday in a trading frenzy that ran the stock up 134%.See COHN's YTD stock performance in chart below.Cohen & Co.'s stock took off on Wednesday as its SPAC activity helped to boost Q4 earnings and ahead of its SPAC financiers Betsy and Daniel Cohen's latest blank-check company, FTAC Hera Acquisition Corp., started trading.

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Cohen & Co. stock drops after Wednesday surge
Stock Information
Company Name: Cohen & Company Inc.
Stock Symbol: COHN
Market: NYSE
Website: cohenandcompany.com
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