Why Shares of Littelfuse Popped Today
Shares of Littelfuse (NASDAQ: LFUS), a global manufacturer of circuit protection products, spiked as much as 12% today after the company reported its first-quarter 2020 results. While the sales figures may not look great at first glance, investors focused their attention on the fact that Littelfuse outpaced Wall Street's estimates in the quarter.
As of 3:34 p.m. EDT on Wednesday, shares were up 10.4%.
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Source Fool.com