Strength Seen in Uniti (UNIT): Can Its 12.7% Jump Turn into More Strength?
Uniti Group (UNIT) shares ended the last trading session 12.7% higher at $7.26. 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 1.4% gain over the past four weeks.Uniti is likely to benefit from the merger with Windstream, creating a premier insurgent fiber provider with approximately 240,000 route miles. The combined company is uniquely positioned to gain from many favorable tailwinds driving the communications in ...