Crane (CR) Surges 3.1%: Is This an Indication of Further Gains?
CRCrane pany(CR) ZACKS·2024-07-12 21:01

Crane Company (CR) shares rallied 3.1% in the last trading session to close at $146.31. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.7% loss over the past four weeks.Crane’s rally is largely driven by optimism regarding the company’s strong momentum in the Aerospace & Electronics segment, driven by higher aircraft build rates and continued recovery in airline flight hours. Also, the acquisition of Vian E ...