REZI - Strength Seen in ADT: Can Its 7.9% Jump Turn into More Strength? | Benzinga
ADT (NYSE: ADT) shares ended the last trading session 7.9% higher at $7.75. 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 0.3% loss over the past four weeks.
ADT's rally is primarily driven by optimism regarding strength in the Consumer and Small Business segment, driven by strong customer demand for monitoring and related services. Also, the company's strategic initiatives, innovation and operational excellence bode well.
This home security company is expected to post quarterly earnings of $0.17 ...