Universal Stainless & Alloy Products, Inc.’ (USAP) shares have appreciated 48.5% in the past three months. The company also outperformed the industry’s fall of 7.5% and topped the S&P 500’s nearly 3.1% rise over the same period. Image Source: Zacks Investment Research Let’s take a look at the factors driving the stock’s price appreciation. What’s Driving Universal Stainless? In first-quarter 2024, USAP demonstrated robust performance, marking a notable turnaround from the previous year's figures. The compan ...