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Updated · MarketWatch · May 6Weir Group shares rise 3.86% and outperform market
11 articles · Updated · MarketWatch · May 6
- The stock closed at £25.86 on Wednesday as the FTSE 100 gained 2.15% to 10,438.66 in a broadly positive UK trading session.
- Weir Group ended the day 27.77% below its 52-week high of £35.80, reached on 26 February.
- Trading volume was 1.3 million shares, slightly above the stock's 50-day average of 1.2 million.
As Weir Group's stock rallies on a bullish forecast, why are company insiders selling their shares? With a new CEO and earnings due today, can Weir's mining tech strategy close the gap to its 52-week high?