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Strength Seen in Sterling Infrastructure (STRL): Can Its 3.4% Jump Turn into More Strength?

Sterling Infrastructure (STRL) shares rallied 3.3% in the last trading session to close at $360.25. 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 25.4% gain over the past four weeks. Shares of this Texas-based infrastructure services provider are likely to have gained on the optimism surrounding the recently eased pressures on Fed interest rates. The 0.25 percentage point cut in the interest rate is expecte ...