Why EPAM Systems Stock Rocketed Higher This Week
There's more than one reason behind this software stock's rise.
Overview
Ending the month on an auspicious note, EPAM Systems (NYSE: EPAM) stock soared through the last week of July. With an analyst taking a more bullish stance on the software stock and the company reporting a new artificial intelligence (AI) collaboration, investors found plenty of reasons to pick up shares.
According to data provided by S&P Global Market Intelligence, shares of EPAM Systems rose 17.5% from the end of trading on July 24 through the close of yesterday's market session.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.