Here's why the Royal Mail (IDS) share price is pumping

International Distributions Services (LON: IDS) share price has staged a strong recovery this week as investors cheer the recent actions by Royal Mail. The stock surged to a high of 240.8p on Thursday, its highest point since March 11th. Still, it remains about 18.8% below the highest point this year, meaning that it is highest point this year.Royal Mail new initiatives Copy link to section IDS, the parent company of Royal Mail and General Logistics Systems, has been under intense pressure in the past few y ...