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WPRT - Why Westport Fuel Systems Stock Is Surging Today
Westport Fuel Systems Inc
Westport Fuel Systems (NASDAQ: WPRT) stock shot up this morning and was up 21% at 11:40 a.m. EDT as the market reacted to its second-quarter numbers.
Given how shares of the natural gas fuel technology company were falling off the cliff and had lost 51% of their value in just the past six months until today's big move, surely there must be something in its earnings report that piqued investor attention.
The thing is, your exuberance might die down once you drill deeper into Westport Fuel's numbers and its prospects.