Workflow
Emergent Stock Skyrockets 251% YTD: How to Play the Stock?
EBSEmergent BioSolutions(EBS) ZACKS·2024-12-27 14:35

Shares of Emergent BioSolutions (EBS) have more than doubled in market cap so far this year, outperforming the industry’s 13% decline, as seen in the chart below. This surge in stock price started earlier this year after management announced several strategic changes to enhance profitability and stabilize its financial position. During the same period, the stock has also outperformed the broader Medical sector and the S&P 500. It is currently trading above its 200-day moving average.EBS Stock Outperforms In ...