RXO (RXO) Soars 8.5%: Is Further Upside Left in the Stock?

RXO (RXO) shares rallied 8.5% in the last trading session to close at $29.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 35.1% gain over the past four weeks. RXO shares have been performing well for quite some time, gaining in excess of 44% in a month's time. Last month RXO inked a deal with transportation heavyweight United Parcel Service (UPS) to purchase Coyote Logistics from for more than$ 1 billion. ...