RE:Why was PBL up so much today?Not sure. It has been moving up steadily since reporting a strong Q1 (revenue up 21%, EBITDA up 50%), and they have had a number of contract announcement in recent days. Sometimes illiquid stocks like this can move a lot on relatively small volume. Obviously today was exceptional.
I have owned this for awhile. I think it is a good, niche company with potential to raise its dividend. And even after the move today, the stock is still well below the $8 it traded at 5 years ago.
Possibly there was some new research coverage, or mention on TV? Anyone???