Perimeter Solutions, SA (PRM) Soars 5.4%: Is Further Upside Left in the Stock?

Perimeter Solutions, SA (PRM) shares soared 5.4% in the last trading session to close at $12.63. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.1% loss over the past four weeks.PRM’s gain appears to reflect optimism about a recovery in its major end markets. Favorable industry trends are expected to continue to drive demand for fire retardant products. The company’s Specialty Products segment is also seeing strong growth aided ...