First Merchants (FRME) Surges 6.0%: Is This an Indication of Further Gains?

First Merchants (FRME) shares soared 6% in the last trading session to close at $35.72. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 20.5% loss over the past four weeks. https://www.nasdaq.com/articles/first-merchants-frme-surges-6.0:-is-this-an-indication-of-further-gains