AT&T, Union Pacific, Las Vegas Sands And Other Big Stocks Moving Higher On Thursday
Portfolio Pulse from Lisa Levin
Several US-listed stocks recorded gains in Thursday's trading session. Notable movers include Lindsay Corporation, Netflix, PTC Therapeutics, Nano Dimension, Summit Materials, TROOPS, Chijet Motor Company, Minerals Technologies, Ultragenyx Pharmaceutical, Badger Meter, AT&T, SAP, Union Pacific, Las Vegas Sands, Taiwan Semiconductor Manufacturing Company, and American Airlines Group. The gains were largely driven by better-than-expected quarterly results, upgrades, and strategic agreements.
October 19, 2023 | 1:57 pm
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POSITIVE IMPACT
Lindsay Corporation's stock climbed 21.4% following better-than-expected Q4 results.
The company's better-than-expected Q4 results have positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Netflix shares climbed 13.8% after reporting better-than-expected Q3 results and in-line Q4 earnings forecast.
The company's strong Q3 results and in-line Q4 earnings forecast have positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Nano Dimension gained 11% after receiving Israeli Court approval for its $200 million repurchase plan.
The company's approval for its $200 million repurchase plan has positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
PTC Therapeutics surged 13.2% after announcing an agreement with Royalty Pharma to monetize up to $1.5 billion of the Evrysdi Royalty Stream.
The company's agreement with Royalty Pharma has positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Summit Materials rose 9.4% after filing a preliminary M&A-related proxy statement.
The company's filing of a preliminary M&A-related proxy statement has positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100