Why Aterian Stock Is Surging Today

Shares of Aterian (NASDAQ: ATER) are making big gains on Tuesday. The company's share price was up roughly 14.5% today as of 11:30 a.m. EST.

Aterian published third-quarter results after the market closed yesterday, posting better-than-expected sales for the period and setting up the rally for the stock on Tuesday. The company posted a loss of $3.13 per share on revenue of $68.12 million, while the average analyst estimate had called for a loss of $0.17 on sales of $63.03 million.

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Source Fool.com