Cascade Bancorp Picks Up Volume, Hits New Low

Wed. July 09, 2008; Posted: 01:00 PM

(RTTNews) - Cascade Bancorp Inc. (CACB | Quote | Chart | News | PowerRating) has traded flat for most of Wednesday's trading so far. In the last 25 minutes the stock has picked up volume and dropped sharply.

The stock is currently at $6.90 down $0.26 from Tuesday's close.

The decline has taken the stock below recent support and to a new multi-year low.

For full details on Cascade Bancorp (CACB) click here. Cascade Bancorp (CACB) has Short Term PowerRatings of 4. Details on Cascade Bancorp (CACB) Short Term PowerRatings is available at This Link.

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