Here's Why Stericycle's Shares Soared 73.9% in 2019
After the company spent the previous couple years in the doldrums, a turnaround strategy helped spark a 73.9% rally in Stericycle's (NASDAQ: SRCL) shares in 2019, according to S&P Global Market Intelligence.
An increasingly competitive market for disposing of regulated waste and destroying secure information had been crimping Stericycle's performance, so management has instituted a restructuring that includes cost-savings initiatives and the sale of noncore assets to boost profitability.
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Source Fool.com
