Why DNOW Stock Is Surging Higher Today

DNOW (DNOW 19.32%) easily beat analyst expectations and generated a lot more cash than the company had originally predicted. Investors are cheering the results, sending shares of the industrial-products company up 19% as of 2:30 p.m. ET.Strong results energizing the stockDNOW is a supplier of equipment and services to energy and industrial markets. It offers a wide range of air compressors, welding equipment, power generation equipment, and pumps. The company was spun off from what was then known as Nationa ...