What's going on with the Rolls-Royce share price spike? And was there really a newsworthy development? This investor takes a look. The post Here’s why the Rolls-Royce share price has jumped to a new 52-week high appeared first on The Motley Fool UK.

The BMW share price has suffered a harsh reversal as the automobile industry goes through a difficult phase. It dropped for three consecutive weeks, reaching its lowest level since January 2023. It has retreated by over 32% from its highest point this year,

Rolls-Royce Holdings PLC RR shares inched up 0.23% to £5.26 Friday, on what proved to be an all-around rough trading session for the stock market, with the FTSE 100 Index UKX falling 1.19% to 8,229.99.

Harvey Jones thinks we've seen the best of the Rolls-Royce share price for now, but the long-term outlook continues to look stunning.