BASF (BASFY) Stock Jumps 10.9%: Will It Continue to Soar?

BASF SE (BASFY) shares rallied 10.9% in the last trading session to close at $14.46. 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 11.5% gain over the past four weeks.BASF’s rally appears to reflect optimism following its strong 2024 earnings report. Its EBITDA before special items climbed 18% year over year in 2024 to €7.9 billion, driven by solid performance of its core businesses on higher volumes amid p ...