Baker Hughes Company (BKR) shares climbed $4.70, or 8.21 percent, to $61.95 after the energy technology company reported late Sunday a sharp increase in second-quarter orders and expressed confidence in achieving the midpoint of its full-year guidance despite lower profit and revenue.
The stock opened at $60.62 and traded between $60.08 and $62.67 during the session on the Nasdaq. It has traded in a 52-week range of $41.96 to $70.41. Trading volume reached 3.59 million shares, compared with an average daily volume of 8.44 million shares.
Second-quarter net income slipped 3 percent to $681 million, or $0.68 per share, from $701 million, or $0.71 per share, a year earlier. Adjusted net income rose to $640 million, with adjusted earnings per share improving to $0.64 from $0.63. Revenue declined 2 percent to $6.742 billion from $6.910 billion, reflecting the impact of business dispositions.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.