Copa Holdings SA (CPA) reported third quarter net income of $0.99 per share after the close Thursday, up from $0.53 per share last year.
Copa Holdings gapped up Friday morning and rose steadily during the first hour of trade. Shares finished higher by $3.23 at $50.48 on above average volume. The stock has been climbing for the last 2 weeks and set a new high for the year.
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