NCR - Hot Stocks: ALKS rallied on earnings; NCR COF decline; ARCH sets new high

Following a massive decline during the previous day, Wall Street attempted to stabilize on Wednesday, ending a choppy session with a mixed performance. The Dow and S&P 500 posted modest gains, while the Nasdaq ended fractionally lower. Even amid the uncertain action, earnings news contributed to some standout performances among individual stocks. This included Alkermes (ALKS), which posted a double-digit percentage gain in the wake of its quarterly report. Meanwhile, Arch Resources (ARCH) extended Tuesday's earnings-inspired rally to set a fresh 52-week high. On the other side of the spectrum, NCR (NYSE:NCR) and Capital One (COF) both dropped following the release of their financial figures. Standout Gainer Alkermes (ALKS) received a boost from the release of strong quarterly results, with the stock surging 12% on the day. Boosted by robust sales of its Aristada and Vivitrol products, the biopharmaceutical firm exceeded estimates with its Q1 profit. The better-than-projected bottom line

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Hot Stocks: ALKS rallied on earnings; NCR, COF decline; ARCH sets new high