JPMorgan, Wells Fargo, Citigroup And Other Big Stocks Moving Higher On Friday
Portfolio Pulse from Lisa Levin
Several US stocks recorded gains on Friday, with Comtech Telecommunications Corp., SunOpta Inc., Hecla Mining Company, Viasat, Inc., Coeur Mining, Inc., Groupon, Inc., Vertex Energy, Inc., Mister Car Wash, Inc., Dollar General Corporation, First Majestic Silver Corp., DRDGOLD Limited, Apellis Pharmaceuticals, Inc., Fortuna Silver Mines Inc., The Progressive Corporation, AeroVironment, Inc., MediaAlpha, Inc., JPMorgan Chase & Co., Wells Fargo & Company, and Citigroup Inc. all seeing increases. Factors contributing to these gains include better-than-expected Q4 results, sale of assets, stock upgrades, operational updates, and better-than-expected Q3 earnings.
October 13, 2023 | 2:49 pm
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POSITIVE IMPACT
First Majestic Silver shares gained 8.5%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Apellis Pharmaceuticals shares gained 8%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
AeroVironment shares gained 7.6%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Citigroup shares gained 2.3% after the company reported Q3 FY23 net revenue growth of 9% year-over-year, beating the consensus.
The company's Q3 FY23 net revenue growth, which beat the consensus, has led to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Coeur Mining shares jumped 13.2%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Comtech shares gained 30.6% after posting better-than-expected Q4 results.
The company's better-than-expected Q4 results have led to a significant increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Dollar General shares surged 8.5% after the company updated financial guidance for FY23 and announced Todd Vasos has been appointed CEO.
The updated financial guidance for FY23 and CEO appointment have led to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
DRDGOLD shares rose 8.2%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Fortuna Silver Mines shares climbed 7.8%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Groupon shares rose 13.2% after Roth MKM initiated coverage on the stock with a Buy rating and $30 price target.
The Buy rating and $30 price target by Roth MKM have positively impacted the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Hecla Mining shares rose 13.7% after Roth MKM upgraded the stock from Neutral to Buy and raised its price target.
The stock upgrade and raised price target by Roth MKM have led to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JPMorgan Chase shares climbed 3.6% as the company reported better-than-expected earnings for Q3.
The company's better-than-expected Q3 earnings have led to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
MediaAlpha shares rose 5.7%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Mister Car Wash shares rose 8.6% after Baird upgraded the stock from Neutral to Outperform and announced a $10 price target.
The stock upgrade and $10 price target by Baird have positively impacted the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Progressive Corporation shares rose 7.7% after the company reported Q3 results.
The company's Q3 results have led to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SunOpta shares climbed 22.5% after the company announced the sale of certain frozen fruit assets and issued preliminary Q3 results.
The sale of assets and preliminary Q3 results have positively impacted the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Viasat shares gained 13.5%.
The company's stock price has increased, but the specific reason for this increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Vertex Energy shares gained 9.5% after the company issued an operational update for Q3.
The company's Q3 operational update has led to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wells Fargo shares rose 3.2% following Q3 earnings.
The company's Q3 earnings have led to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100