Global stocks inched higher over the past week, but one stood out. It was among only six such stocks in the MSCI World index to rise over 10% in the week.
Global stocks inched higher over the past week, but one stock stood out. That stock is U.S.-based software firm Coupa Software , which jumped nearly 37% over the week. Coupa shares were boosted by a report that private equity firm Vista Equity Partners is exploring an acquisition of the firm. Analysts gave the stock an average upside of nearly 14%, though only 35% of analysts covering it gave it a "buy" rating, according to FactSet. Coupa is down about 61% year to date.
These are the six global stocks with the highest weekly gains, according to FactSet. Retailer Burlington Stores surged around 24% after last week's release of its third-quarter earnings. Though sales fell from a year ago, its CEO said in a statement that the firm believes it "can start to drive significant sales, margin, and earnings recovery next year." Other top performers last week include electronics retailer Best Buy , which was up about 12% for the week.
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