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Here's Why Encore Wire Stock Is Up More Than 14% This Week

Here's Why Encore Wire Stock Is Up More Than 14% This Week

Encore Wire (NASDAQ: WIRE) saw its shares shoot up more than 14% this week. The company, which manufactures copper and aluminum electric building wire and cable, opened on Monday at $114.62 and rose as high as $131.28 on Thursday, which is its 52-week high.