Alcon (ALC) Soars 6.0%: Is Further Upside Left in the Stock?

Alcon (ALC) shares ended the last trading session 6% higher at $96.80. 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 2.1% loss over the past four weeks.Alcon scored a strong price increase driven by the optimism surrounding the company’s aggressive move on the M&A front. The company recently acquired a majority interest in Aurion Biotech, Inc. - a clinical-stage company developing advanced cell therapies to treat ...