AptarGroup Hits 52-Week High: What's Driving the Stock's Performance?

Shares of AptarGroup, Inc. (ATR) scaled a new 52-week high of $152.67 on Tuesday before ending the session at $150.16. The increase was fueled by ATR’s strong second-quarter results.AptarGroup currently has a market capitalization of $10 billion and a Zacks Rank #2 (Buy).What’s Aiding ATR’s Price Performance?Solid 2Q24 Results: ATR reported second-quarter 2024 adjusted earnings per share of $1.37, beating the Zacks Consensus Estimate of $1.36. The bottom line increased 12% year over year from $1.22 (includi ...