"Whoa, Radius Recycling is in the hot seat! 🔥 Multiple law firms sniffing around the Toyota buyout deal—smells like drama. Stock’s been creeping up (bullish WMAs, RSI flirting with overbought), but volume’s erratic. Feels like a ‘hold and watch’ until the legal dust settles. If the deal’s fair, 🚀; if not, 💥. Either way, grab popcorn—this ain’t boring. #MergerMayhem"

Great stock

It's been a topsy-turvy session for Radius Recycling (RDUS) today. The stock got off to a shaky start, dropping to a session low of $26.57 shortly after the open, however, it managed to claw back effectively, reclaiming the $27 mark. This flip in the stock's fortunes appears to be in response to the news of the company's proposed sale to U.S. Subsidiary of TOYOTA TSUSHO CORPORATION (TTC), with the news triggering a lot of debates on the fairness of the deal's price and process. From a technical viewpoint, RDUS has been floating on increased volume, suggesting strong investor interest. The rebound from the lows also points to a resilient support level at around the $26.57 to $27 mark. However, given the volatility resulting from the M&A news, caution might be warranted in trading the stock right away. Furthermore, investors should keep an eye on the reactions to the company's Q1 2025 earnings call, as any surprising revelations could impact the current trading pattern of the stock. It's also worth noting that analyst sentiment on this stock is neutral, adding another layer of uncertainty to its trajectory.