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Stock impact report

Why Liberty Energy Stock Skyrocketed This Week [Yahoo! Finance]

LIBERTY ENERGY CORP (LBYE) 
Company Research Source: Yahoo! Finance
Liberty published its first-quarter results after the market closed on April 22, posting sales and earnings for the period that topped Wall Street's expectations. The company also issued promising forward guidance, paving the way for a big stock rally. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Liberty stock just saw a huge rally Thanks to bullish momentum for the broader market, Liberty was already heading into its Q1 report on a hot streak -- and its earnings release helped power a sustained rally. The company reported non-GAAP (adjusted) earnings per share of $0.06 in the period, crushing the average Wall Street analyst estimate's call for a loss of $0.14 in the period. Meanwhile, sales of $1.02 billion in the quarter were up 4.4% year over year and beat the consensus est Show less Read more
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