First Niagara Financial Group (FNFG) is reportedly exploring a possible sale of the company. According to Bloomberg, the company has hired JPMorgan Chase & Co. to advise it on a possible deal.
First Niagara Financial Group gapped open sharply higher Wednesday morning and climbed during the first half hour of trade. Shares finished with a gain of 1.30 at $10.26, with volume at an 11-month high. The stock soared past resistance and set a new high for the year.
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