Agilent Technologies Sharply Higher After Q2 Beat

Agilent Technologies Inc A shares are trading higher by $2.64 (4.6 percent) at $58.72 in Tuesday's session.

The catalyst for the rally is a Q2 beat of a dime along with a revenue beat of $52 million.

After a much higher open, Agilent's stock rallied only another 18 cents to $59.98, before reversing course. That exceeds its former all-time high that was made on May 16 at $58.38. The ensuing decline has taken the stock to $56.56 and it's attempting to return to the $59.00 handle.

At this level, it will exceed its former all-time closing high that made on May 9 at $56.87.