WSM - Analog Devices Posts Strong Earnings Joins TJX Williams-Sonoma And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were slightly lower, with the Dow Jones index falling around 10 points on Wednesday.
Shares of Analog Devices, Inc. (NASDAQ:ADI) rose sharply during Wednesday's session following better-than-expected second-quarter financial results.
Analog Devices posted adjusted earnings of $1.40 per share, beating market estimates of $1.26 per share. The company's quarterly sales came in at $2.160 billion versus expectations of $2.106 billion, according to data from Benzinga Pro.
Analog Devices shares surged 6% to $229.69 on Wednesday.
Here are some other big stocks recording gains in today's session.