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Abacus Life, Inc. (ABL) Stock Jumps 20.3%: Will It Continue to Soar?
ABLAbacus Life(ABL) ZACKS·2024-07-22 15:10

Abacus Life, Inc. (ABL) shares rallied 20.3% in the last trading session to close at 10.08.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s14.110.08. 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 14.1% loss over the past four weeks.Abacus Life recently announced its second quarter preliminary results where it expects to generate top line between 28-30million,muchhigherthantheyearagofigureof30 million, much higher than the year ago figure of 11 million. It also expects to deliver adjusted EBITDA betwee ...