Why Cognex, NCR, and Xilinx Stocks Surged Higher on Friday [The Motley Fool]
Xilinx, Inc. (XLNX)
Last xilinx, inc. earnings: 4/22 04:20 pm
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US:NASDAQ Investor Relations:
investor.xilinx.com
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Source: The Motley Fool
What happened? Friday, March , was a great day for shares of Xilinx ( NASDAQ:XLNX Cognex NASDAQ:CGNX NCR NYSE:NCR 00 Nasdaq Composite So what Friday was on track to be a good day for most of the trading period, with the major indices up around % about one hour before the close. However, a news conference by President Trump and a number of key officials announcing a number of big steps to help address the health and economic impacts of the ongoing coronavirus outbreak stoked a massive By the close of trading, the indices, along with many stocks including the three named above, closed out one of the worst weeks in U.S. market history on a positive note. The following chart shows just how quickly the market turned sharply higher late on Friday: NCR Price YCharts Yet even with double-digit gains by all three, only Cognex shares finished the week above where they started, with Xilinx and NCR shares declining % and 9%, respectively. The market's treatment of NCR in particular highlights in
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