Market Volatility: Dell and Caterpillar Lead Gains Amidst Mixed Results
Tuesday's market has seen significant movements in various stocks across different market cap categories. In the mega-cap category, Dell Inc. and Caterpillar have shown impressive gains, with shares of Dell rising by 6.31% and those of Caterpillar increasing by 4.7%. Kla-tencor Corp also saw a notable gain, its shares rising by 4.38%.
In the large-cap category, several companies experienced significant increases in their share prices. Wayfair Inc., for example, rose by 29.24% after posting strong Q2 results and free cash flow. Zebra Tech's shares soared by 18.25% following a strong Q2 beat and raised outlook.
However, not all companies fared well on Tuesday. Sterling Construc saw its shares decline by 13.41%, while Delphi Automotive experienced a fall of 4% despite beating Q2 earnings estimates.