Piper Jaffray Companies (PJC) gapped up Wednesday and rose sharply in early trade. The stock settled into a range for the majority of the session and finished higher by $2.83 at $49.13 on the highest volume in over 2 months. Piper Jaffray Companies climbed above a 2-week range Wednesday and closed at a new high for the year. The stock also closed challenging long-term resistance.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.