Why Global-e Online Stock Rallied (Again) on Wednesday
Shares of Global-e Online (NASDAQ: GLBE) charged sharply higher again on Wednesday, surging as much as 9.1%. When the market closed, the stock was still up 7.9%.
The catalyst that sent the e-commerce cross-border specialist climbing was some bullish analyst commentary in the wake of the company's impressive financial report.
After Global-e Online reported better-than-expected second-quarter results, a number of Wall Street's finest chimed in after updating their financial models.
Source Fool.com