TITN - Heico Posts Upbeat Earnings Joins Surmodics Abercrombie & Fitch And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were lower, with the Dow Jones index falling more than 300 points on Wednesday.
Shares of HEICO Corporation (NYSE:HEI) rose sharply during Wednesday's session following a second-quarter earnings beat.
Heico posted quarterly GAAP earnings of 88 cents per share, beating market estimates of 81 cents per share. The company's quarterly sales came in at $955.395 million versus expectations of $951.206 million, according to data from Benzinga Pro.
HEICO shares gained 4.6% to $221.76 on Wednesday.
Here are some other big stocks recording gains in today's session.
- AST SpaceMobile, Inc. (NASDAQ:ASTS) shares gained 29% to $6.88 after the company announced a partnership with Verizon for direct-to-cellular AST SpaceMobile service when needed for Verizon customers.
- Ooma, Inc. (NYSE: