Why AI Stock Symbotic Crushed the Market Today
Symbotic (SYM) The Motley Fool·2024-10-11 22:36
A clutch of bullish pundits weighed in about the company's latest piece of news. As the stock trading week came to a close on Friday, Symbotic (SYM 8.80%) was an outlier in the best way possible. Shares of the artificial intelligence (AI) industrial solutions provider soared nearly 9% higher during the session, thanks to several positive analyst reactions to its recent news about a project with a top retailer. That 9% was well higher than the 0.8% gain posted by the S&P 500 index on the day. South-of-the-bo ...