Cabot's Shares Reach Fresh 52-Week High: What's Driving It?
Cabot (CBT) ZACKS·2024-09-20 01:36
Cabot Corporation‘s (CBT) shares reached a fresh 52-week high of 107.85.CBT’s stock has appreciated 55.8% in the past year against the industry’s 4.3% fall.Image Source: Zacks Investment ResearchWhat’s Driving Cabot?In the fiscal third quarter, Cabot's Performance Chemicals division posted robust growth, with sales climbing 8.1% year over year to 55 million, driven by higher volumes and a favorable product mix, particular ...