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RXO (RXO) Soars 8.5%: Is Further Upside Left in the Stock?
RXORXO(RXO) ZACKS·2024-07-16 10:57

RXO (RXO) shares rallied 8.5% in the last trading session to close at $29.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 35.1% gain over the past four weeks. RXO shares have been performing well for quite some time, gaining in excess of 44% in a month's time. Last month RXO inked a deal with transportation heavyweight United Parcel Service (UPS) to purchase Coyote Logistics from for more than $1 billion. ...