Wells Fargo Joins Bank Earnings Deluge
Wells Fargo(WFC) Schaeffers Investment Research·2024-10-11 23:19
Banking giant Wells Fargo & Co (NYSE:WFC) is one of several big finance firms that are fresh off an early morning earnings report. WFC is up 5% to trade at $60.73 at last check, boosted by its third-quarter top- and bottom-line wins. Wells Fargo posted third-quarter earnings of $1.52 on revenue of $20.37 billion.Today's pop has WFC breaking above recent resistance at the 120-day moving average and $58 level. In fact, the shares, which are pacing for their best daily percentage pop since Feb. 15, are poised ...