Builders FirstSource (BLDR) Surges 12.0%: Is This an Indication of Further Gains?

Builders FirstSource (BLDR) shares rallied 12% in the last trading session to close at $124.66. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.3% gain over the past four weeks.Builders FirstSource stock is expected to have jumped amid renewed optimism around improving housing affordability in the United States. Investor sentiment improved following the recent meeting of U.S. Commerce Secretary Howard Lutni ...