Regal Beloit (RBC) Soars 3.4%: Is Further Upside Left in the Stock?
Zacks Investment Research | Sep 30, 2021 03:20AM ET
Regal Beloit (NYSE:RBC) Corporation (RBC) shares ended the last trading session 3.4% higher at $151.89. 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 1.7% loss over the past four weeks.
Regal Beloit’s rally is largely driven by optimism over its ongoing acquisition process of Rexnord (NYSE:RXN) Corporation’s the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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