VVNT - These 2 Stocks Hit Wall Street's Radar Tuesday
The stock market was trying to bounce back on Tuesday morning from the walloping it took on Monday, but bullish investors seemed hesitant to take a big stand right out of the gate. Shortly after the market opened, most stock market indexes were down slightly, failing to claw back their losses from the previous session.
Even with the continuing worries about the market, in general, stock investors celebrated solid gains in share prices for a couple of stocks. Both Textron (NYSE: TXT) and Vivint Smart Home (NYSE: VVNT) got some good news that made their shareholders happy, and the rises in the stock prices show that even in a tough market environment, there are still opportunities for smart investors to make money.
Shares of Textron rose 8% on Tuesday morning, climbing toward their best levels of the year. The aerospace and defense specialist got a big government contract that could go a long way toward bolstering its business for years to come.
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These 2 Stocks Hit Wall Street's Radar Tuesday