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Volvo’s Recent Past Bodes Well for Stock on Earnings Day

The truckmaker's shares tend to rally after quarterly earnings reports

Volvo AB has a high bar to meet when it comes to earnings days, judging by the stock’s recent performance. Shares of the Swedish truckmaker posted gains after six of the past eight quarterly releases, jumping the most in two years after the last one in April. Options traders are pricing in a 4 percent move when Volvo reports second-quarter results on Wednesday, in line with the average fluctuation following the last eight earnings.

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