Wells Fargo Stock Rises as Q3 Profit Falls Less Than Expected

Key TakeawaysWells Fargo shares rose roughly 6% Friday morning following the release of third-quarter results that beat analysts' consensus estimates.Revenue and profit fell year-over-year, but not by as much as analysts anticipated.Wells Fargo stock is up about 25% this year. Wells Fargo (WFC) shares rose roughly 6% Friday morning after the bank reported better-than-expected third-quarter revenue and profit. The lender reported $5.11 billion in net income for the quarter, down from$5.77 billion last year ...