RE/MAX (RMAX) Soars 17.3%: Is Further Upside Left in the Stock?

RE/MAX (RMAX) shares rallied 17.3% in the last trading session to close at $12.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.6% gain over the past four weeks. The increased investor optimism in the stock can be attributed to the favorable operating environment. This franchisor of residential real estate brokerages is expected to post quarterly earnings of$ 0.35 per share in its upcoming report, which ...