Inside Long Island Business
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Suffolk Bancorp, the Riverhead-based parent company of Suffolk County National Bank, said Monday it will see a pretax gain of $3.8 million after selling 50,000 shares of Visa Class B stock.
In a news release, Suffolk Bancorp said it decided take advantage of Visa's recent stock, gains. The Visa stock, which traded at around $184.62 per share Monday afternoon, is up 21.8 percent this year.
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