Universal Stainless (USAP) Surges 48% in 3 Months: Here's Why

Image Source: Zacks Investment Research Let's take a look at the factors driving the stock's price appreciation. What's Driving Universal Stainless? In first-quarter 2024, USAP demonstrated robust performance, marking a notable turnaround from the previous year's figures. The company posted earnings of 43 cents per share, which improved from a loss of 6 cents per share a year ago. This underscores USAP's resilient strategy and strategic advancements. USAP achieved remarkable sales growth, reaching $77.6 mil ...