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VAMO Volume Soars 49-Fold as Garrett Motion Shines

VAMO Volume Soars 49-Fold as Garrett Motion Shines

Cambria Value & Momentum ETF (VAMO) has seen unusual trading volume, which is 49× higher than its average daily volume.

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Among VAMO’s top holdings, Garrett Motion has been in focus after reporting strong first-quarter results that beat expectations on revenue and profit and prompted a raised full-year outlook, though the stock was downgraded to Hold by Freedom Capital Markets even as its price target was lifted. IES Holdings is under pressure after missing fiscal second-quarter revenue estimates, triggering profit-taking and concerns about stretched valuation. Primoris Services received a higher price target from UBS and remains rated Buy ahead of its upcoming first-quarter earnings, while Tutor Perini is set to report results next week, with investors watching to see if it can improve after last quarter’s earnings miss that led to a sharp post-report selloff.

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