Scotts (SMG) Surges 10.9%: Is This an Indication of Further Gains?

Scotts Miracle-Gro (SMG) shares rallied 10.9% in the last trading session to close at $65.01. 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 8.9% gain over the past four weeks.SMG’s shares jumped following the company’s reaffirmation of its fiscal 2025 guidance and strong performance during the peak lawn and garden season. The rally was driven by robust consumer demand and strong POS trends, which reinforced ...