Novatel Wireless Inc. (NVTL) reported third quarter EPS of $0.24 after the bell Thursday, compared to the $0.01 posted last year. The company expects to report fourth quarter EPS between $0.07 and $0.15. Novatel Wireless gapped down sharply Friday and pulled back in early trade, before settling into a narrow range. Shares finished lower by $3.27 at $8.92 on the highest volume of the year. The stock closed testing its 200-day moving average, trading at a 3-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.