My Stock of the Day is East West Bancorp (EWBC)
The stock gapped higher this morning on a much better than expected earnings report. The company beat estimates by 8 cents, and also raised several of its operating guidance metrics.
The stock gapped higher back in January, the last time it reported strong earnings. But since then the stock retraced its gains, and had fallen back into oversold territory.
Today's move comes on even higher volume, and while the stock is off its intraday highs from earlier, I still think it can go higher in the near-term.
Other stocks making notable, high-volume moves today include:
long AAV, EWBC, WFR