Shares of TimKenSteel Corp $TMST went up more than 26%, Ardagh Group SA $ARD increased 21.52% while AMC Entertainment Holdings $AMC rose 17.56% among other stocks making the headlines. We have highlighted below some of the reasons for the price movements.
TimKenSteel Corp (TMST)
TimKenSteel shares traded 26.83% higher after KeyBanc upgraded the stock from Sector Weight to Overweight and announced a price target of $10 per share. The stock had previously closed at $6.30, started Tuesday’s session at $6.80 to close at $7.99 per share.
Ardagh Group SA (ARD)
Ardagh Group shares traded within their normal range but saw an upward trend of about 21.52% after opening the session at $20.66 to close at $24 per share price.
AMC Entertainment Holdings, Inc (AMC)
AMC Theatres shares traded 17.56% up after the company announced it will reopen all 13 theatres in NYC as of March 5th. The stock had previously closed at $6.55, opened trading on Tuesday at $6.99 to close at $7.70 per share price.
China Southern Airlines Co. Ltd (ZNH)
ZNH shares traded within their normal range, up about 15.15%. The company is principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery, and other extended transportation services. The stock’s previous day ended at $32.94, opened yesterday’s session at $26.83, and closed at $37.93.