Perrigo (PRGO) Moves 6.1% Higher: Will This Strength Last?
Perrigo's share price rose 6.1% in the last session on above-average trading volume. The latest trend in earnings estimate revisions, however, does not suggest further strength ahead.
Why it matters — PRGO watchers would care because the price jump was not accompanied by favorable earnings estimate revisions, signaling that the strength may not be sustained.