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Strength Seen in Skyline (SKY): Can Its 6.2% Jump Turn into More Strength?
SKYSkyline Champion(SKY) ZACKS·2024-07-17 19:11

Skyline (SKY) shares ended the last trading session 6.2% higher at 79.58.Thejumpcameonanimpressivevolumewithahigherthanaveragenumberofshareschanginghandsinthesession.Thiscomparestothestocks2.679.58. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.6% gain over the past four weeks. The stock might have got a boost on the expectation of potential interest rate cut in September, per the CME FedWatch tool. This manufactured and modular housing maker is expected to post quarterly earnings of 0.69 per share in its upcoming report, which rep ...