Why General Dynamics Stock Popped Today
Shares of General Dynamics (NYSE: GD), maker of Abrams main battle tanks and Gulfstream business jets, reported powerful earnings this morning, sending its stock up 6.1% through 10:50 a.m. ET.
Analysts forecast GD would earn $3.44 per share on $12.2 billion in Q2 sales. Instead, the defense giant reported a $3.74-per-share profit on sales of $13 billion.
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Source Fool.com
