O-I Glass (OI) Surges 9.5%: Is This an Indication of Further Gains?

O-I Glass (OI) shares soared 9.5% in the last trading session to close at $10.53. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.9% loss over the past four weeks.O-I Glass’ shares got a boost yesterday after U.S President Trump announced a 90-day pause on certain tariffs for most countries (except China). OI’s shares also gained since the company announced the launch of the "Fit to Win" initiative to improve its long-term com ...