Reliance's Shares Up 11% in 3 Months: What's Driving the Stock?

Reliance, Inc.’s (RS) shares have gained 10.6% over the past three months. The company has also outperformed the Zacks Mining – Miscellaneous industry’s 6% rise over the same time frame. Let’s take a look into the factors that are driving RS stock. Image Source: Zacks Investment ResearchHealthy End-Market Demand & Acquisitions Aid RS StockReliance is benefiting from continued strength in non-residential construction, its largest end market. Demand improved in this market in the fourth quarter from the year- ...