Why Blue Bird Stock Soared More Than 27% Higher This Week
The company is clearly managing the shift to alt-fuel vehicles very well.A beat-and-raise fiscal third quarter was the fuel driving Blue Bird (BLBD 5.56%) stock forward this week. Thanks mostly to this the company's shares motored over 27% higher during the period, according to data compiled by S&P Global Market Intelligence.Blue's success with yellowThat three-month period saw Blue Bird, a longtime manufacturer of school buses, hit new highs for both quarterly revenue and profitability. The former line ite ...