Benzinga
Published Feb 28, 2024 16:37
Updated Feb 28, 2024 17:40
Advance Auto Parts Reports Q4 Results, Joins B&G Foods, Vipshop, ADT And Other Big Stocks Moving Higher On Wednesday
Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks were lower, with the Dow Jones index falling around 100 points on Wednesday.
Shares of Advance Auto Parts, Inc. (NYSE: AAP) rose during Wednesday’s session following fourth quarter financial results.
Advance Auto Parts reported fourth-quarter revenues of $2.465 billion, almost in line with the Wall Street view of $2.464 billion. Comparable store sales for the fourth quarter of 2023 decreased by 1.4%. The company reported a quarterly loss of 59 cents per share.
Advance Auto Parts shares gained 5.3% to $68.18 on Wednesday.
Here are some other big stocks recording gains in today’s session.
Now Read This: Bitcoin Surpasses $59,000 Following GDP Data; Pepe Emerges As Top Gainer
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