Huntsville
Thirteen stocks in our Huntsville and Alabama Stock Report saw gains of at least 2% on Wednesday, while only five companies saw declines.
Southern States Bancshares, Inc. was the big winner, pulling in a 4.7% gain to close at $21.50 a share. Its 52-week high is $31.
Headquartered in Anniston, Southern States Bancshares is a bank-holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals. The bank operates eight branches in Alabama (Anniston, Auburn, Birmingham, Huntsville, Opelika, Roanoke, Sylacauga and Wedowee) and five in Georgia, along with a loan production office in Atlanta.
Sanmina Corporation, a leading integrated manufacturing solutions company with a pair of locations in Huntsville, increased 3.8%, our third-highest gain Wednesday. Its Huntsville Medical Product Design organization develops a broad range of products with a specialty in medical devices and medical electronics for many of the world's leading Original Equipment Manufacturers (OEMs). Meanwhile, its 260,000-square-foot Huntsville operation is also Sanmina's premier medical facility in North America, providing PCBA and systems assembly for medical, industrial, commercial and automotive markets.
The big-gainer list goes on and on. Carpenter Technology Corporation and Synovus were both up 3.7%, Adtran up 2.6%, Tyson up 1.8% and Hexcel up 1.5%.
Some big companies were among those on the downside: Target (.7%), Toyota (2.1%), Honda (3.6%) and Amazon (4.2%).
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