Why Clarivate Stock Is Skyrocketing Today
Clarivate (NYSE: CLVT) stock is surging higher in Tuesday's trading. The company's share price was up 31.4% as of 1 p.m. ET. Meanwhile, the S 500 was up 0.7%, and the Nasdaq Composite was up 1%.
In addition to bullish momentum for the broader market lifting tech valuations, the stock is getting a big boost from the company's recent earnings report. The analytics specialist published its fourth-quarter results after the market closed yesterday, posting sales and earnings beats and issuing better-than-expected forward guidance.
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Source Fool.com
