2 Soaring Stocks You Might Have Missed Wednesday
Wall Street got out to a slow start on Wednesday morning, with stock market indexes opening very slightly lower. Most investors are paying closest attention to the Federal Reserve, which concludes a two-day monetary policy meeting later this afternoon. Economists broadly expect another modest increase in interest rates as the central bank attempts to bring inflationary pressures even further under control.
A number of high-profile stocks have released their quarterly financial reports this week, and it's been tough to keep up with all the news. But shareholders in Union Pacific (NYSE: UNP) and Vicor (NASDAQ: VICR) have been quite pleased with the latest news that their companies reported. Here's everything you need to know in order to get these two stocks back on your radar.
Shares of Union Pacific climbed more than 11% on Wednesday morning. The railroad giant's second-quarter financial results weren't all that strong, but it did give in to pressure from institutional investors to bring on a new CEO whom they wanted to see lead the company forward.
Source Fool.com
