Target shines at top of Huntsville and Alabama Stock Report
Wednesday was a day mostly of small gains and small losses on our Huntsville and Alabama Stock Report with a few minor outliers and one major one.
Ubiquitous retailer Target gained nearly $20 a share, or 17.8%, after reporting strong third-quarter earnings and revenue. The Minneapolis-based company is the parent of Birmingham-based delivery service Shipt.
Elsewhere, Synovus was the next biggest gainer at +3.6%. Carpenter Technology had the biggest drop at -3.1%.
Overall, Wall Street added a bit more Wednesday to its big rally from a day before.
The S&P 500 rose 7.18 points, or 0.2%, to 4,502.88. The Dow Jones Industrial Average gained 163.51, or 0.5%, to 34,991.21, and the Nasdaq composite edged up by 9.45, or 0.1%, to 14,103.84.
Are we missing a publicly traded local or state company that should be on this list? Please pass along your suggestions to Lede producer Brent Conklin at [email protected].