RBA - Strength Seen in RB Global: Can Its 8.9% Jump Turn into More Strength? | Benzinga
RB Global (NYSE: RBA) shares ended the last trading session 8.9% higher at $79.12. 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 5% loss over the past four weeks.
The fundamental driving factor can be attributed to the fact that RB Global joined the S&P MidCap 400, which will be effective before trading opens on Jun 24. The company's competitive advantage lies in its global omnichannel platform, trusted customer relationships, and robust data analytics, enabling unparalleled flexibility, optimal price realization, and comprehensive value-added services for commercial ...