Business

New Highs: Space Stock Soars On Strong Earnings. Oil, Shipping Stocks Surge.

Published

37 minutes ago

13 September 2026

NewsAdmin

Despite gains of 1% or higher in the stock market, few stocks climbed above buy points Friday. Still, a handful of shipping, energy and space stocks broke out to new highs. Frequency Electronics (FEIM) soared 35% to an all-time high after the company easily beat sales and profit expectations for the July-ended quarter. Earnings from continuing operations jumped 485% to…

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New Highs: Space Stock Soars On Strong Earnings. Oil, Shipping Stocks Surge.

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