Core Molding Technologies (CMT) Surges 8.2%: Is This an Indication of Further Gains?

Core Molding Technologies, Inc. (CMT)  shares ended the last trading session 8.2% higher at $20.98. 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 13.1% gain over the past four weeks.Core Molding’s rally is largely driven by optimism over rising customer demand for molded thermoplastic and thermoset products in the industrial and utilities markets. Also, new program wins across diverse markets including constructi ...