Why AudioCodes Stock Triumphed on Tuesday

The stock of enterprise voice services company AudioCodes (AUDC 14.21%) had a banner trading session on Tuesday. Following the company's release of its latest quarterly earnings report, investors piled into its shares, sending their value up in excess of 14%. That made it quite the outperformer on a day when the S&P 500 index only inched up by 0.2%.Fourth-quarter results publishedFor its fourth quarter, AudioCodes booked $63.6 million in revenue, which was down 10% on a year-over-year basis but represented ...