Shares of banking stocks Fifth Third Bancorp (Nasdaq: FITB) surged 49 cents to close at $1.94, Huntington Bancshares Inc. (Nasdaq: HBAN) climbed 25 cents to close at $1.66 and Regions Financial Corp. (NYSE: RF) gained 47 cents to close at $3.76 after Fed Chief Ben Bernanke again dismissed the possibility of nationalizing banks and discussed stress tests that will be conducted on banks.
Banking Stocks Surge
February 25, 2009 at 17:42 PM EST