Bayer (BAYRY) Surges 6.0%: Is This an Indication of Further Gains?

Bayer Aktiengesellschaft (BAYRY) shares ended the last trading session 6% higher at $14.4. 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 4.9% gain over the past four weeks.The stock rallied after Bayer’s subsidiary Monsanto proposed a nationwide U.S. class-action settlement. The plan aims to resolve current and future Roundup lawsuits alleging that the product caused Non-Hodgkin lymphoma (NHL) through a long-term ...