Why O-I Glass Stock Was Surging Today
O-I Glass' (NYSE: OI) latest quarterly results were indisputably a glass half-full, and the company's stock is being rewarded for this. As of Wednesday mid-afternoon the company's shares were zooming nearly 15% higher, easily outpacing the 0.8% gain of the S&P 500 index.
O-I Glass, which as its name suggests manufactures glass products (mainly for the food and beverage industries), reported its third-quarter results shortly after market close Tuesday.
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Source Fool.com
