Why Resideo Technologies Stock Popped on Wednesday
"Smart home" tech specialist Resideo Technologies (NYSE: REZI) was quite a star on the stock market on Wednesday. Investors piled into its shares, lifting them by more than 14% that trading session. A well-received earnings report was the catalyst for the rally.
Resideo unveiled its fourth quarter and full-year 2025 results just after market close on Tuesday. These showed that the company posted just under $1.9 billion in revenue for the quarter, which bettered the year-ago period's result by 2%. However, net income not under generally accepted accounting principles (GAAP) traveled in the other direction, falling to $78 million ($0.50 per share) from fourth quarter 2024's $89 million.
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Source Fool.com
