Why Piper Sandler's Stock Price Jumped 14.6% in May
Piper Sandler Companies (NYSE: PIPR) surged in May as its stock price increased 14.6% in the month, according to data provided by S&P Global Market Intelligence.
The investment bank bested the benchmarks, as the S&P 500 was essentially flat in May, up 0.2%, while the Nasdaq Composite was down 1.9%. Despite the bounce, Piper Sandler is still down 29% year to date.
Source Fool.com
