Kennametal (KMT) surges 8.3%: Is this an indication of further gains?

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Kennametal (KMT – Free Report) shares rallied 8.3% in the last trading session to close at $33.28. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock’s 5.5% gain over the past four weeks.

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