Target Reports Earnings Beat, Joins AST SpaceMobile, Dada Nexus And Other Big Stocks Moving Higher On Wednesday

Benzinga ·  11/16/2023 00:08

U.S. stocks traded higher, with the Dow Jones gaining more than 100 points on Wednesday. Shares of Target Corporation (NYSE:TGT) jumped during Wednesday's session after the company reported better-than-expected third-quarter financial results. Target reported a third-quarter FY23 sales decline of 4.22% year-on-year to $25.398 billion, beating the analyst consensus estimate of $25.31 billion. Adjusted EPS of $2.10 beat the analyst consensus estimate of $1.48. The company will offer more than 10,000 items for the holidays, including exclusives and many priced under $25. Shares of Target rose 18.2% to $130.89 on Wednesday. Here are some other big stocks recording gains in today's

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