Why Jabil Stock Soared on Wednesday

Jabil exceeded Wall Street's targets in the first quarter despite dealing with two major hurricanes hitting its manufacturing facilities.This Wednesday was eventful for investors in Jabil (JBL 7.26%). Following a strong earnings report, the electronics design and manufacturing veteran's shares opened the morning session 12% higher. The stock cooled down a bit during the day, stopping at a 7.3% gain by the closing bell.Jabil's first quarter, by the numbersJabil's first-quarter revenues fell 17% year over yea ...