Why Teradyne Stock Is Gaining Today
(NASDAQ: TER) stock is in the green today despite sell-offs for the broader market. The company's share price was up 3.3% as of 1 p.m. ET despite a 0.9% decline for both the S 500 and the Nasdaq Composite.
Teradyne published its second-quarter results after the market closed yesterday, postings sales and earnings that beat the market's expectations and issuing encouraging forward guidance. The stock had been up as much as 16.1% earlier in the day's trading, but it's given up most of its post-earnings gains as investors moved to take profits and bearish momentum for the broader market intensified.
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Source Fool.com
Teradyne Inc. Stock
€348.45
-0.440%
The stock is one of the favorites of our community with 38 Buy predictions and 4 Sell predictions.
With a target price of 373 € there is a slightly positive potential of 7.05% for Teradyne Inc. compared to the current price of 348.45 €.
