SNPO - M&T Bank Reports Q1 Earnings Joins Snap One Encore Wire And Other Big Stocks Moving Higher On Monday | Benzinga
U.S. stocks were higher, with the Dow Jones index gaining over 100 points on Monday.
Shares of M&T Bank Corporation (NYSE: MTB) rose sharply during Monday’s session after the company reported first-quarter financial results.
Revenue of $2.260 billion, slightly missing the consensus of $2.263 billion. EPS was $3.09, which came in line with the consensus, according to data from Benzinga Pro.
M&T Bank shares surged 5.4% to $141.88 on Monday.
Here are some other big stocks recording losses in today’s session.
- Snap One Holdings Corp. (NASDAQ: SNPO) shares jumped 31.6% to $10.71 after the company announced that it will be acquired by Resideo Technologies.
- Medical Properties Trust, Inc. (NYSE: MPW) gained 19.9% to $4.7850 after the company announced that it sold its majority interest in Utah Hospitals.
- SES AI Corporation (NYSE: ...