Novellus Systems (NVLS) reported a third quarter EPS loss of $0.03 after the close Wednesday, compared to the consensus estimate of a loss of $0.04.
Novellus Systems climbed for the majority of Thursday afternoon and finished up by $1.47 at $23.08 on the highest volume in 3 months. The stock rose above a 2-week range and set a new high for the year.
For comments and feedback: editorial@rttnews.com