Why Shares Of These Black-Owned Companies Are Trading Higher Today

Shares of several black-owned companies such as Carver Bancorp, Inc. CARV, Broadway Financial Corporation BYFC and Urban One, Inc. UONE are trading higher in Thursday's session.

JPMorgan Chase said it would extend $30 billion in additional loans to Black and Latino home buyers and small-business owners.

See Also: JPMorgan Chase Pledges $30B For Racial Wealth Equality

Carver Bancorp shares were trading up 27.16% at $8.38 per share on Thursday at the time of publication. The company has a 52-week high of $22.97 and a 52-week low of $1.25.

Broadway Financial shares were trading up 8.56% at $1.96. The company has a 52-week high of $7.23 and a 52-week low of $1.04.

Urban One shares were trading up 14.04% at $6.58. The company has a 52-week high of $54.16 and a 52-week low of $0.95.