eBay, Union Pacific and J.C. Penney Top the S&P 500
The S&P 500 (NYSEARCA:SPY) is up by 0.49% today and stands at 1,315. Here are three notable stocks that are experiencing some gains today.
Union Pacific (NYSE:UNP): All aboard. Union Pacific’s profits jumped more than the 24% than expected and Q4 earnings beat across the board. Increased freight offset higher fuel costs. Looks like the Oracle of Omaha may prove to be right about railroads. UNP shares recently traded at $113.31, up $3.49, or 3.18%. They have traded in a 52-week range of $77.73 to $112.52. Volume today was 3,582,607 shares versus a 3-month average volume of 2,793,920 shares. The company’s trailing P/E is 18.01, while trailing earnings are $6.29 per share.
eBay (NASDAQ:EBAY): Yesterday’s results beat expectations, and eBay is up as a result. But Normura, for one, is not changing its rating of eBay as its volume forecast came in lower than expected. The firm also doesn’t expect Marketplaces’ access to be sustained. EBAY shares recently traded at $31.49, up $1.15, or 3.79%. They have traded in a 52-week range of $26.86 to $35.35. Volume today was 18,179,608 shares versus a 3-month average volume of 11,167,300 shares. The company’s trailing P/E is 22.97, while trailing earnings are $1.37 per share.
J.C. Penney (NYSE:JCP): Traders who decided to sell J.C. Penney short came up short themselves. JC Penney jumped at the start of trading and has maintained those results. JCP shares recently traded at $35.19, up $1.27, or 3.74%. They have traded in a 52-week range of $23.44 to $41.00. Volume today was 3,565,233 shares versus a 3-month average volume of 3,802,300 shares. The company’s trailing P/E is 38.46, while trailing earnings are $0.92 per share.
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