Why Apogee Enterprises Stock Is Skyrocketing Today
Key takeaways
- APOG ^GSPC ^IXIC NVDA 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.
- 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.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
APOG ^GSPC ^IXIC NVDA 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.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »