Bausch + Lomb (BLCO) Surges 14.5%: Is This an Indication of Further Gains?
Bausch + Lomb (BLCO) ZACKS·2024-09-17 17:16
Bausch + Lomb (BLCO) shares ended the last trading session 14.5% higher at $17.80. 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 2.8% loss over the past four weeks. Bausch + Lomb scored a strong price increase on investors' optimism surrounding a Financial Times report stating that the company is contemplating a sale to address challenges related to its spin-off from the parent company Bausch Health. Private equi ...