Strength Seen in Stericycle (SRCL): Can Its 14.6% Jump Turn into More Strength?

Stericycle (SRCL) shares ended the last trading session 14.6% higher at $59.05. 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 11.6% gain over the past four weeks. This increased investor optimism is linked to the news of the company's acquisition by Waste Management in a deal valued at around $7.2 billion, including nearly $1.4 billion in debt. This medical waste management company is expected to post quarterly e ...