Core Molding Technologies (CMT) Soars 7.5%: Is Further Upside Left in the Stock?
Core Molding TechnologiesCore Molding Technologies(US:CMT) Zacks Investment Research·2024-04-16 08:51

Core Molding Technologies (CMT) shares rallied 7.5% in the last trading session to close at $19.76. 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 no gain, no loss over the past four weeks.Optimism over a normalizing consumer demand environment and stabilizing customer inventories is driving the stock higher. The company is also benefiting from new program launches and its profitability initiatives across it ...

Core Molding Technologies (CMT) Soars 7.5%: Is Further Upside Left in the Stock? - Reportify