Looking at Yahoo Finance’s trending tickers of the day, you will see Aquantia Corporation (NYSE:AQ). At the time of writing, AQ stock is up nearly 40% on the NYSE.
Here’s what we know about the AQ stock surge.
AQ Stock Soaring—But Why?Earlier this morning, Aquantia reported its earnings for its fiscal first quarter of 2019. While the results were worse than Wall Street was expecting (AQ reported a loss of $0.37 per share on sales of $17 million), AQ stock is enjoying a bounce Monday. And that’s because, in addition to the Aquantia ...
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