Open Text Corp. (OTEX) reported second quarter EPS of $0.87 after the bell Wednesday, which exceeded the consensus estimate of $0.70.
Open Text Corp. gapped open sharply higher Thursday and is now up 4.30 at $44.85 on above average volume. The stock has broken out past resistance to set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.