Reuters on its way to $116.56, gaining 0.92% today

Published: November 25 2022, 17:31 GMT+0

Reuters on its way to $116.56, gaining 0.92% today

After ending Wednesday at $115.5, the news service provider went up to $116.9 only to drop back some of the way. It is now trading around $116.56 as it reaches the end of the trading session.

Today's session has around 29 minutes left to run with, Nasdaq has lost 0.37% and is now trading at 11,244. Reuters is doing well and similar gains are seen throughout the Industrials sector (up 0.672%).

The multinational media conglomerate is now trading 24.76% above the significant low ($92.58) it slumped to 6 months ago. The Nasdaq has been doing worse in 2022, it has been passing it by 38.88%. The company's market cap is $55.88 billion with an average daily volume of 598,731 shares. Reuters expected revenue of $1.59 billion with an EPS of 50 cents.

Rallies can also be seen in other industrials stocks, Boeing gained 1.71%, currently at $177.84. Union Pacific is trading at $214.53 after ending Wednesday's session at $212.52 (up 0.95%). Automatic Data Processing is up 0.72%.