Why ABM Industries Topped the Market Today
ABM Industries (ABM 3.52%) stock kicked off the trading week on a high note Monday, closing more than 3.5% higher in price following two recommendation upgrades from analysts tracking the stock. That performance was more than good enough to eclipse the bellwether S&P 500 index, which essentially flatlined that day.Investors overreacted to results, says analystThose pundit updates came one business day after ABM released its second quarter of fiscal 2025 earnings report. The company notched a minor beat on t ...