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Why Outfront Media Inc. Stock Jumped Last Month

TheMotleyFool

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Why Outfront Media Inc. Stock Jumped Last Month

Shares of Outfront Media Inc. (NYSE: OUT) surged last month after the outdoor advertising company secured a 10-year contract with New York's Metropolitan Transit Authority.

The organization that runs New York's subways, buses, and commuter trains hired Outfront to install and operate a new set of video displays on the subway system; they will provide information for commuters, as well as ads.

Image source: Outfront Media.

Source: Fool.com