Ares Management (ARES) Soars 4.1%: Is Further Upside Left in the Stock?
Ares Management (ARES) shares ended the last trading session 4.1% higher at $149.58. 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 20.2% loss over the past four weeks.Ares Management stock increased in price for the second consecutive trading session, driven by a combination of strategic acquisitions and analyst upgrades. Following a recent sell-off in financial stocks, the rating for ARES has been upgraded to Ou ...