Why CNH Industrial Stock Is Skyrocketing Today
CNH just served up a quarterly report that has given investors a lot to be excited about.
Overview
CNH Industrial (NYSE: CNH) stock is enjoying strong bullish momentum in Monday's trading on the heels of the company's recent quarterly report. The agriculture and construction equipment specialist's share price had jumped 12% in the daily session as of 11:25 a.m. ET. The S&P 500 was up 1.1% at the same point in the session, and the Nasdaq Composite was up 1.7%.
CNH published its Q2 results before the market opened this morning and delivered sales and earnings that topped expectations. With today's big post-earnings pop, the stock is now up roughly 26.5% this year.
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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.