Strength Seen in RPC (RES): Can Its 5.5% Jump Turn into More Strength?

RPC (RES) shares ended the last trading session 5.5% higher at $6.7. 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 16.7% gain over the past four weeks.RPC’s shares rallied in the last trading session, driven by optimism around sustained strength in oil and gas activity. Although oil prices have moderated, they remain at favorable levels that are economically attractive for exploration and production companies. Th ...