ZGN - Boeing Posts Upbeat Results Joins Stryker Automatic Data Processing And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks traded mostly lower, with the Nasdaq Composite falling over 200 points on Wednesday.
Shares of The Boeing Company (NYSE: BA) rose during Wednesday’s session following upbeat results.
The company reported a fourth-quarter revenue increase of 10% year-over-year to $22.02 billion, beating the consensus of $21.10 billion. Adjusted loss per share contracted to 47 cents from $1.75 in same quarter 2022, beating the consensus of 78 cents.
Boeing shares surged 4.7% to $209.79 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Powell Industries, Inc. (NASDAQ: POWL) shares climbed 49% to $121.89 after the company reported better-than-expected first-quarter financial results and raised its quarterly dividend.
- Plug Power Inc. (NASDAQ: PLUG) gained 17.8% to $4.3950 after Roth MKM upgraded the stock from Neutral to Buy and raised its price target ...