TYRA - Bank of New York Mellon Posts Upbeat Earnings Joins Archer Aviation Rivian Automotive And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks were higher, with the Nasdaq Composite index gaining around 100 points on Friday.
Shares of The Bank of New York Mellon Corporation (NYSE:BK) rose during Friday's session following better-than-expected quarterly financial results.
The finance behemoth reported second-quarter adjusted earnings per share of $1.51, beating the street view of $1.43. Quarterly revenue of $4.597 billion, an increase of 2% year-over-year, surpassed the analyst consensus of $4.523 billion, according to data from Benzinga Pro.
Bank of New York Mellon shares surged 4.3% to $64.12 on Friday.
Here are some other big stocks recording gains in today’s session.
- Lucid Group, Inc. (NASDAQ:LCID) shares jumped 17% to $3.9850. The stock may be up on continued strength after the company’s CEO recently said the co. will need to raise more money to grow, stating ...