Advanced Drainage Systems is trading 4.1% up at $144.16 today, outperforming recent sessions as the stock moves higher alongside a broad U.S. equity rally.
- The advance is supported by a general lift in cyclicals and growth names, driven by easing Middle East tensions and a sharp decline in oil prices.
- Better-than-expected manufacturing data has provided a significant tailwind, bolstering investor sentiment across the broader market.