Axalta Coating (AXTA) Shares Rise 12% in 3 Months: Here's Why

Axalta Coating Systems Ltd.’s (AXTA) shares have gained 12.4% in the past three months. The company also outperformed the industry’s rise of 2% and topped the S&P 500’s 11.7% rise over the same period.Image Source: Zacks Investment ResearchLet’s look at the factors driving the stock’s price appreciation. What’s Driving Axalta Coating?In the first quarter, Axalta Coating delivered impressive results, registering a 37.1% year-over-year increase in adjusted earnings. Quarterly sales inched up 0.8%, reaching $1 ...