Waters Stock Leads S&P 500 Gains Friday as Earnings Top Estimates
Waters(WAT) Investopedia·2024-11-01 22:05Key TakeawaysShares of Waters Corp., which supplies lab instruments and software, notched the top performance in the S&P 500 Friday.The life sciences firm topped third-quarter sales and profit estimates, boosted by growth across all its regions and end markets.Waters CEO Dr. Udit Batra said new product adoption and improved customer spending trends contributed to the strong results. Shares of Waters Corp. (WAT) surged nearly 20% on Friday, delivering the top daily performance in the S&P 500 after the compan ...