Matthews International (MATW) Surges 14.5%: Is This an Indication of Further Gains?

Matthews International (MATW) shares rallied 14.5% in the last trading session to close at $31.03. 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 12.5% loss over the past four weeks.Matthews International’s shares got a boost on its agreement to sell its stake in SGK Brand Solutions to a newly created entity formed by affiliates of SGS & Co. The deal is likely to benefit Matthews International by helping it ...