Shares of Vestis Corporation (VSTS) are climbing about 30 percent in Tuesday morning trading after the company announced its second-quarter financial results, reporting a net income of $2.6 million, or $0.02 a share, compared with a net loss of $27.8 million, or $0.21 a share, last year.
The company's shares are currently trading at $12.12 on the New York Stock Exchange, up 30.43 percent. The stock opened at $11.78 and has climbed as high as $12.47 so far in today's session. Over the past year, it has traded in a range of $3.98 to $12.47.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.