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Western Alliance Bancorporation (WAL) Stock Trades Up, Here Is Why
Shares of regional banking company Western Alliance Bancorporation (NYSE:WAL) jumped 4.2% in the afternoon session after the Federal Reserve delivered its third and final interest rate cut of the year, lowering the federal funds rate by 25 basis points (0.25%) to a 3.50%-3.75% range.
SolarEdge, Mayville Engineering, Standex, Rocket Lab, and Universal Logistics Shares Skyrocket, What You Need To Know
A number of stocks jumped in the afternoon session after the Federal Reserve lowered its benchmark interest rate by a quarter-percentage point, signaling a more accommodative monetary policy.
Why Is Abercrombie and Fitch (ANF) Stock Rocketing Higher Today
Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) jumped 7.8% in the afternoon session after the Federal Reserve delivered its third and final interest rate cut of the year, lowering the federal funds rate by 25 basis points (0.25%) to a 3.50%-3.75% range.
Why Is Western Digital (WDC) Stock Rocketing Higher Today
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) jumped 6.7% in the afternoon session after the Federal Reserve cut its key interest rate, boosting investor confidence across the market.
The Toro Company, Custom Truck One Source, U-Haul, Kadant, and TopBuild Shares Skyrocket, What You Need To Know
A number of stocks jumped in the afternoon session after the Federal Reserve lowered its benchmark interest rate by a quarter-percentage point, signaling a more accommodative monetary policy.
Why Micron (MU) Stock Is Trading Up Today
Shares of memory chips maker Micron (NYSE:MU) jumped 4.1% in the afternoon session after the Federal Reserve cut its key interest rate, boosting investor confidence across the market.
Nike (NKE) Stock Is Up, What You Need To Know
Shares of athletic apparel brand Nike (NYSE:NKE) jumped 4% in the afternoon session after the Federal Reserve cut interest rates by 25 basis points, signaling a potential boost for consumer spending.
Why Wabtec (WAB) Stock Is Up Today
Shares of rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) jumped 3.1% in the afternoon session after the Federal Reserve delivered its third and final interest rate cut of the year, lowering the federal funds rate by 25 basis points (0.25%) to a 3.50%-3.75% range.
Shopify (SHOP) Stock Trades Up, Here Is Why
Shares of e-commerce platform Shopify (NYSE:SHOP) jumped 5% in the afternoon session after the Federal Reserve delivered its third and final interest rate cut of the year, lowering the federal funds rate by 25 basis points (0.25%) to a 3.50%-3.75% range.
Nordson (NASDAQ:NDSN) Misses Q3 CY2025 Sales Expectations
Manufacturing company Nordson (NASDAQ:NDSN) fell short of the markets revenue expectations in Q3 CY2025, with sales flat year on year at $751.8 million. Next quarter’s revenue guidance of $650 million underwhelmed, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $3.03 per share was 3.4% above analysts’ consensus estimates.