Investors in aviation product and service company Heico Corp. (NYSE:HEI)
must have been perplexed by the stock's recent price movements. As
shown in the chart below, the stock shot up more than 10% in trading
after Heico released its fiscal second-quarter earnings on Tuesday.
However, that came after the share price declined significantly in the
weeks before the results were released. Essentially, the earnings
numbers confirmed the company's positive trajectory and the market
rewarded the stock accordingly.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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