Gap Posts Upbeat Q2 Earnings, Joins Solstice Advanced Materials, N-Able And Other Big Stocks Moving Higher On Friday
U.S. stocks mixed, Nasdaq falls 0.1%. Gap Inc shares rise 15.2% on strong earnings and raised guidance. Other big gainers include Elastic NV, Solstice Advanced Materials Inc, and Pagerduty Inc.
Gap did really well in its last three months and promised even better results ahead, so lots of people wanted to buy its stock. When a company beats expectations and looks stronger, that's a sign investors feel hopeful about its future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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