Amer Sports (NYSE:AS) Sees Nearly 60% Share Price Increase Over Last Month
Amer Sports (NYSE:AS) recently announced robust Q1 earnings, showcasing a significant rise in net income and sales compared to the previous year. With the raised earnings guidance for 2025, predicting a revenue growth of 15-17%, the company’s performance has positively attracted investor attention, leading to a substantial share price increase of nearly 60% over the last month. This rise contrasts sharply with the broader market, which saw a 2.7% decline in the past week. The encouraging earnings results and optimistic guidance undoubtedly played a major role in this decisive upward movement of Amer Sports’s stock price.
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