Pursuits
More New U.S. Roads Paving Way for Vulcan Materials’ Stock Rise
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Vulcan Materials Co.’s stock is leading the broader market as investors bet rising sales and cost cutting will buoy its profitability.
Shares of the Birmingham, Alabama-based company have outpaced the Standard & Poor’s 500 Index by 49 percentage points since Oct. 8, when the stock-price ratio fell to a 14-month low -- see chart. Vulcan’s stock closed at $90.28 on May 26, while the benchmark index was at 2,104.20.