Kirby (KEX) Reaches 52-Week High: What's Aiding the Stock?
KEXKirby(KEX) zacks.com·2024-05-24 02:21

Shares of Kirby Corporation (KEX) scaled a 52-week high of 123.06inthetradingsessiononMay22,2024,beforeclosingatadlowerat123.06 in the trading session on May 22, 2024, before closing a tad lower at 122.16. The company’s shares gained 55.6% so far this year, steadily outperforming the 23.6% rise of the industry it belongs to. Image Source: Zacks Investment Research Let’s find out the factors supporting the uptick. Kirby’s consistent measures to reward its shareholders through share buybacks are appreciative. In 2022, Kirby repurchased 0.4 million shares for $22.9 mil ...