Why Agiliti Stock Soared 42% in May

Shares of Agiliti (NYSE: AGTI) soared by 42.1% in May, according to data from S&P Global Market Intelligence. The healthcare services company's encouraging first-quarter results were the catalyst for that surge, and led to a handful of Wall Street firms initiating coverage of the stock with buy ratings.

For context, the S&P 500 returned 0.7% last month.

Agiliti is probably a new name to many investors, as it just held its initial public offering on April 23. The company provides medical equipment management and service solutions to healthcare providers.

Source Fool.com