Alta Equipment (ALTG) Moves 15.8% Higher: Will This Strength Last?

Alta Equipment (ALTG) shares ended the last trading session 15.8% higher at $7.54. 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 10% gain over the past four weeks.Alta Equipment’s rally is largely driven by optimism regarding rising customer demand, a favorable pricing environment, an increase in rental, new & used equipment and parts sales. Also, the acquisition of a distributor of market-leading construction an ...