Hillenbrand (HI) Stock Jumps 11.4%: Will It Continue to Soar?
Hillenbrand (HI) shares soared 11.4% in the last trading session to close at $26. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.9% loss over the past four weeks.Hillenbrand shares rose following reports that the company is expecting final bids for its sale this week. Potential suitors are said to include private equity firms Apollo Global Management, Lone Star Funds and Stellex Capital Management, though neither Hillenbrand n ...