State Street shares are trading higher after the company reported better-than-expected Q3 financial results and rose its AUM to $4.7 trillion.
Portfolio Pulse from Benzinga Newsdesk
State Street shares increased following the release of their Q3 financial results, which surpassed expectations. The company also reported a rise in assets under management (AUM) to $4.7 trillion.
October 15, 2024 | 4:25 pm
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State Street's Q3 financial results exceeded expectations, leading to a rise in share price. The company's AUM also increased to $4.7 trillion.
The better-than-expected Q3 results and the increase in AUM are positive indicators for State Street, likely boosting investor confidence and driving the stock price up in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100