Morning Market Movers
Almaden Minerals (NYSE: AAU) shares gained 10.84% to $1.43 after the company reported positive PEA for the Ixtaca Gold-Silver Deposit, Mexico.
Plexus (NASDAQ: PLXS) rose 9.21% to $43.99 after the company reported its Q2 earnings of $0.60 per share on revenue of $557.60 million. The company also issued a strong Q3 outlook.
Insteel Industries (NASDAQ: IIIN) shares surged 8% to $22.13 after the company announced upbeat Q2 results.
SanDisk (NASDAQ: SNDK) climbed 7.69% to $81.68 after the company reported upbeat Q1 results. Morgan Stanley raised the price target on the stock from $82.00 to $90.00.
Gogo (NASDAQ: GOGO) jumped 4.47% to $17.75 after JP Morgan upgraded the stock from Neutral to Overweight and maintained the price target of $28.
Baker Hughes (NYSE: BHI) rose 4.46% to $69.26 after the company reported Q1 results. Baker Hughes reported its quarterly net income of $328 million, or $0.74 per share, up from $267 million, or $0.60 per share, in the year-ago period. On an adjusted basis, it earned $0.84 per share.
Noble (NYSE: NE) shares rose 3.69% to $31.49 after the company reported better-than-expected Q1 results. Noble reported its Q1 earnings of $0.82 per share, versus analysts' estimates of $0.70 per share.
Morgan Stanley (NYSE: MS) climbed 2.91% to $30.76 after the company reported a 63% gain in its first-quarter earnings.
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