Why Donnelley Financial Stock Soared Today
Donnelley Financial Solutions (NYSE: DFIN) saw its stock price soar during trading on Wednesday. It was up nearly 24% at around 10:45 a.m. ET and at around 2:30 p.m. ET it was still up roughly 19% to around $40 per share.
On what was a good day for the markets overall, Donnelley Financial got an added boost from a strong second-quarter earnings report, released Wednesday.
Donnelley Financial Solutions is a leader in providing risk management and data analytics solutions for public companies and investment management clients, which includes some 700 of the Fortune 1000. In short, it helps companies stay in compliance with Securities and Exchange Commission (SEC) regulations. It is the world's largest EDGAR filer, filing roughly 160,000 documents through that SEC portal per year.
Source Fool.com
