Against the current: Markets slid, yet United Airlines Holdings Inc, SuperCom Ltd., American Airlines Group Inc went up and made this list of yesterday's top industrials stocks gainers.
Leading equity indices in the US declined as S&P 500 lost 0.67% and ended the session at 3,695. After dropping 0.85%, Nasdaq closed at 10,681.
This downslide might be related to financial indicators data published earlier as Crude Oil Inventories in United States fell short of market expectations (1.38 million) with a reading of -1.73 million, continuing the decline from the previous figure of 9.88 million.
Even though markets fell yesterday, some industrials stocks managed to go up. Have a look at these top gainers.
American Airlines | +2.12% at $14
American Airlines gained 2.12% and stayed at $14 levels. Daily trading volume (55.47 million shares) increased, making up 135% of the 21-day average (40.96 million).
American Airlines is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is 0.4673 and the consensus revenue estimate is $13.31 billion.
SuperCom | +3.41% at 23.99 cents
After ending Tuesday at 23.2 cents, SuperCom went up to 24.55 cents only to drop back, yet still traded well overall and closed at 23.99 cents yesterday.
United Airlines | +4.97% at $39.1
After ending Tuesday's session at $37.25, United went up to $40.35 yesterday only to fall back and close at $39.1. Daily trading volume (28.31 million shares) increased, making up 240% of the 21-day average (11.79 million).
United released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 2.81 per share on revenue of $12.9 billion, topping estimates of 2.24 per share on revenue of $12.72 billion. Since the release of its earnings report, United gained 8.31%.