Shares of Privatebancorp (PVTB) traded with a lack of direction throughout most of the session on Monday, until the final few minutes of the day, when it moved sharply higher on a spike of volume. The stock closed at its intraday high, up $2.30 at $43.50.
With the more than 5% gain, the stock set a two year closing high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.