Why Rollins Jumped 24% in July
Shares of Rollins (NYSE: ROL) soared 23.6% in July, according to data provided by S&P Global Market Intelligence, as the pest control specialist remained on the upward trajectory it's been on all year. As the earnings report it issued at the end of the month showed, Rollins' revenue increased 5.6% for the quarter with residential revenue jumping almost 15% year over year. Rollins is also not letting up on its growth-by-acquisition strategy as it kicked off the month of July by announcing it was buying up the biggest independent pest control company in Australia, Adams Pest Control.
