SKE - Argan Reports Upbeat Earnings Joins Coupang And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks were lower, with the Dow Jones index falling over 250 points on Friday.
Shares of Argan, Inc. (NYSE: AGX) rose sharply during Friday’s session as the company reported better-than-expected results for its fourth quarter.
Argan posted quarterly earnings of 89 cents per share, beating market estimates of 75 cents per share. The company’s quarterly sales came in at $164.55 million, topping expectations of $161.60 million, according to data from Benzinga Pro.
Argan, shares jumped 21.5% to $59.97 on Friday.
Here are some other big stocks recording losses in today’s session.
- Globe Life Inc. (NYSE: GL) shares rose 17% to $57.28 amid volatility following a short ...