Strength Seen in Construction Partners (ROAD): Can Its 13.4% Jump Turn into More Strength?

Construction Partners, Inc. (ROAD) shares rallied 13.4% in the last trading session to close at $84.70. 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 3% gain over the past four weeks.The upside can be attributed to the company’s announcement to acquire Asphalt Inc., LLC. ROAD recently entered a deal to acquire Asphalt Inc., LLC doing business as Lone Star Paving, a vertically integrated asphalt manufacturin ...