Why ITT Stock Was Pushing Higher This Week
With a 6% Monday-to-Thursday increase in its stock price, according to data compiled by S&P Global Market Intelligence, (NYSE: ITT) stock was poised to be a winner this week. The storied industrial company posted its third quarter earnings; many investors liked what they saw and reacted accordingly.
That earnings release dropped well before market open on Wednesday. It showed that ITT's revenue for the period was $999 million, representing a double-digit advance of 13% over the same quarter of 2024.
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Source Fool.com
