Element Solutions (ESI) Soars 13.6%: Is Further Upside Left in the Stock?

Element Solutions (ESI) shares ended the last trading session 13.6% higher at $26.95. 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 0.2% gain over the past four weeks. ESI's stock popped after the company raised its guidance for the second quarter and full-year 2024. The company now anticipates adjusted EBITDA to be approximately $135 million for the second quarter, up from $125 million expected earlier. Despite ...