Why Nordson Corporation Stock Popped 18% Today
Shares of adhesives- and coatings-dispensing equipment maker Nordson Corporation (NASDAQ: NDSN) stock jumped nearly 18% Thursday, and they're still up close to their highs of the day (up 17.9%) as of 11:15 a.m. EST. The reason, as you might suspect, is earnings.
Last night, Nordson beat analyst expectations with a report of $573.9 million in fiscal fourth-quarter 2017 sales and profits of $1.37 per share.
Image source: Getty Images.
Source: Fool.com