Axalta Coating Systems' Stock Up 11% in 6 Months: What's Driving It?

Axalta Coating Systems Ltd.’s (AXTA) shares have gained 10.7% in the past six months. AXTA has also outperformed the industry’s decline of 21.3%.Image Source: Zacks Investment ResearchLet’s look at the factors driving the stock’s price appreciation.What’s Driving Axalta Coating?In the second quarter, Axalta Coating Systems delivered strong results, showcasing a 63% year-over-year rise in adjusted earnings. Quarterly sales went up 4.4%, reaching $1.35 billion. Adjusted EBITDA saw a significant increase, clim ...