Short Squeeze And Earnings: Why Newell Brands Stock Spiked Friday
Newell Brands (NWL) stock jumped 15% after beating Q2 earnings, boosting full-year guidance, and topping revenue expectations.
Newell Brands did better than people expected with their earnings and promised even bigger success ahead. When a company surprises people with good news, folks often rush to buy the stock, which can make the price jump fast.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.