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Why Progress Software Stock Is Skyrocketing Today

Source: Motley Fool

2026-07-01 11:22:07 ET

Progress Software (NASDAQ: PRGS) stock is surging in Wednesday's trading, having risen 17.9% as of 11 a.m. ET. The S&P 500 was flat% at the same point in the daily session, and the Nasdaq Composite was down 0.4%.

After yesterday's market close, Progress published results for the second quarter of its current fiscal year -- which ended May 31. The company posted sales and earnings for the period that beat Wall Street's expectations, and investors are also liking the software specialist's forward guidance.

Image source: Getty Images.

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Progress Software Corporation

NASDAQ: PRGS

PRGS Trading

-2.3% G/L:

$39.525 Last:

284,476 Volume:

$40.14 Open:

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PRGS Latest News

$1,848,789,147
40,597,557
0.07%
124
N/A
Software & IT Services
Technology
US
Burlington

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