Birmingham-area stocks show strong gains
As markets closed another winning month on Monday, most stocks on our Birmingham and Alabama Stock Report saw gains and some with local interest were near the top of the list.
First US Bancshares, Inc. gained 5%. The Birmingham-based bank holding company operates one banking subsidiary, First US Bank. It has 12 branches across the state, including Birmingham and Calera.
Warrior Met Coal, the Brookwood-based global steel supplier, increased 4.2%, while Fairfield-based U.S. Steel picked up 3.4%.
Community Health Systems rose 2.6%. The Franklin, Tennessee-based company has six locations in Alabama: Birmingham, Dothan, Enterprise, Foley, Gadsden and Huntsville
Nucor, the largest steel producer in the United States, lifted 1.9%. The Charlotte-based company has several operations sites in Alabama, including Birmingham and Hoover.
Birmingham-based ProAssurance Corporation was at the bottom of the table, dropping 1.5%. Headquartered in Birmingham, it is a property and casualty company that sells professional liability insurance to doctors.