Strength Seen in Viad (VVI): Can Its 17.5% Jump Turn into More Strength?

Viad (VVI) shares ended the last trading session 17.5% higher at $42.05. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.2% gain over the past four weeks.Investor optimism surged after Viad Corp announced the sale of its GES business to Truelink Capital for $535 million. The company also plans to rebrand itself as Pursuit once the transaction is finalized, signaling a strategic shift and strengthening focus on it ...