CACI International (CACI) Surges 7.1%: Is This an Indication of Further Gains?

CACI International (CACI) shares ended the last trading session 7.1% higher at $353.02. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 14.4% loss over the past four weeks.The upswing was driven by optimism over the possibility of increased military spending in Europe as the European Union is about to commission a “rearm Europe plan”. The U.K. has already stated that it is going to increase defense spending as a pe ...