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home / articles / gold gains 1 rbc bearings shares rise after q4 resul mwn benzinga


RBC - Gold Gains 1%; RBC Bearings Shares Rise After Q4 Results | Benzinga

U.S. stocks traded mixed midway through trading, with the NASDAQ Composite edging lower on Friday.

The Dow traded up 0.07% to 39,896.89 while the NASDAQ fell 0.02% to 16,695.66. The S&P 500 also rose, gaining, 0.01% to 5,297.40.      .

Check This Out: Walmart To Rally Over 17%? Here Are 10 Top Analyst Forecasts For Friday

Leading and Lagging Sectors

Energy shares rose by 0.6% on Friday.

In trading on Friday, health care shares fell by 0.3%.

Top Headline

RBC Bearings Incorporated (NYSE:RBC) shares gained around 4% on Friday after it reported fourth-quarter FY24 results.

Net sales rose 4.9% Y/Y to $413.7 million, beating the consensus of $413.5 million. Adjusted EPS increased 16.0% Y/Y to $2.47, surpassing the street view of $2.36.

Equities Trading UP
                       

  • Reddit, Inc. (NYSE:RDDT) shares shot up 15% to $65.09 after the company announced a partnership with OpenAI
  • Shares of Despegar.com, Corp. (NYSE:DESP) got a boost, surging 15% to $14.43 after the company reported better-than-expected quarterly sales results.
  • Doximity, ...

Full story available on Benzinga.com

Stock Information

Company Name: Regal Beloit Corporation
Stock Symbol: RBC
Market: NYSE
Website: regalbeloit.com

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