Why Emergent BioSolutions Stock Blasted Higher Today

An analyst initiated coverage of Emergent BioSolutions (EBS 11.85%) stock as the last trading week of 2024 kicked off, and investors reacted quite positively to the move. On the news, they piled into the stock, ultimately sending it to a nearly 12% gain on the day. That contrasted very favorably to the stumbling S&P 500 (^GSPC -1.07%), which ended Monday down 1%.More than an emerging companyEmergent, which benefits from a wider-than-average range of revenue-generating activities, is now being tracked by H.C ...