Why Apogee Enterprises Stock Is Skyrocketing Today
Apogee Enterprises' fiscal Q1 report arrived with some great news for investors.
Overview
Apogee Enterprises (NASDAQ: APOG) is surging in Friday's trading, with the company's share price up 16.9% as of 1:30 p.m. ET. The S&P 500 was up 0.2% at the same point in the daily session, and the Nasdaq Composite was up 0.3%.
While sell-offs for some major chip and artificial intelligence (AI) stocks are occurring today, other industries haven't been impacted by the bearish momentum. With Apogee posting strong fiscal Q1 reports and forward guidance this morning, investors are feeling much more bullish about the stock in today's session.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.