ESAB Corporation (ESAB) shares gained 6.77% today (2023-08-01). Is it the right time to buy?

What’s happening at ESAB Corporation (NYSE:ESAB)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 6.77% (or 4.65 points) to $73.35 from its previous close of $68.70. So is it the right moment to buy?
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