Ball Corp (BALL) Hits 52-Week High: What's Aiding Its Rally?

Ball Corporation (BALL) shares scaled a new 52-week high of $63.55 on Feb 27 before closing the session a tad lower at $62.61. The company’s shares rallied following the news of the sale of its Aerospace business on Feb 16 and the fourth-quarter 2023 earnings release on Feb 1.BALL has a market capitalization of $19.7 billion. The company’s shares have gained 12.7% over the past year compared with the industry’s growth of 0.3%.Image Source: Zacks Investment ResearchWhat’s Driving Ball Corp?Sale of Aerospace ...