Air Products and Chemicals (APD) Soars 9.5%: Is Further Upside Left in the Stock?

Air Products and Chemicals (APD) shares rallied 9.5% in the last trading session to close at $312.69. 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 6.3% gain over the past four weeks.APD’s stock popped on reports that activist investor Mantle Ridge has amassed a large stake in the company. According to The Wall Street Journal, Mantle Ridge has acquired a more than $1 billion stake in the company and plans t ...