After Massive 722% Rally, is Alliance Resource Stock (NYSE:ARLP) a Buy?
07 December 2022 - 12:00PM
TipRanks
Alliance Resource Partners (NYSE: ARLP) investors have experienced
the wildest roller coaster ride over the past few years. The stock
had plunged to an all-time low of $2.63 back in October 2020 before
commencing a monster rally to its current price of around $22.81.
That’s a 722% return in just over two years, excluding dividends.
You didn’t even have to time the stock to make mad gains. Even if
you were late to the party and had bought the stock a year ago,
Alliance has still gained by around 125% since.
https://www.tipranks.com/news/article/is-alliance-resource-stock-nysearlp-a-buy-after-massive-722-rally?utm_source=advfn.com&utm_medium=referral
Alliance Resource Partners (NASDAQ:ARLP)
Historical Stock Chart
From Feb 2023 to Mar 2023
Alliance Resource Partners (NASDAQ:ARLP)
Historical Stock Chart
From Mar 2022 to Mar 2023