Stocks open higher, building on post-Fed gains
Tiger Newspress2021-09-23
(Sept 23) Stocks open higher, building on post-Fed gains. Dow rises for a second day, adding 200 points as market continues to reclaim September losses.
The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. BlackBerry reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 9% in morning trding.
Salesforce rose 4% after the cloud company raised its full-year 2022 revenue guidance.
Airline shares, Carnival stocks gain in morning trading.
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