Frequency Electronics, ACV Auctions, HP And Other Big Stocks Moving Higher On Friday
U.S. stocks rose; Frequency Electronics surged 30.7% after beating Q1 estimates, while ACV Auctions jumped 44.3% on Copart’s acquisition deal.
Some companies announced good news about their earnings or deals, so their stock prices jumped up a lot on Friday. When a company beats expectations or gets bought, people feel more hopeful about it.
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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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