Here's Why eXp World Holdings Stock Was Soaring on Tuesday
The stock market was having a so-so day on Tuesday, with the Dow Jones Industrial Average and S&P 500 modestly lower as of 3 p.m. EDT and with the Nasdaq slightly in the green. However, eXp World Holdings (NASDAQ: EXPI) was a major outperformer, with shares of the tech-focused real estate brokerage company up by more than 14%.
Today's move might seem odd at first -- while we're well into third-quarter earnings season, eXp doesn't officially report its latest results until Nov. 9. However, the company surprised investors today by releasing preliminary results for the third quarter, and the numbers were quite impressive.
Image source: Getty Images.
Source Fool.com
