Rolls Royce Share Price Resurges As Focus Turns to Earnings

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Rolls Royce Share Price Resurges As Focus Turns to Earnings

Rolls Royce share price returned to the upside on Monday, ending a three-day decline after rising by 0.5% to trade at GBX 615 at the time of writing. The stock rose to historic highs of GBX 649.8 last week as investors reacted to its growing order book. The recent decline is likely due to short-term profit-taking, with the resumption of the uptrend linked to the forthcoming earnings release. The civil aviation and defense engineering company has…