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Wells Fargo Joins Bank Earnings Deluge
WFCWells Fargo(WFC) Schaeffers Investment Research·2024-10-11 15:19

Banking giant Wells Fargo & Co (NYSE:WFC) is one of several big finance firms that are fresh off an early morning earnings report. WFC is up 5% to trade at 60.73atlastcheck,boostedbyitsthird−quartertop−andbottom−linewins.WellsFargopostedthird−quarterearningsof60.73 at last check, boosted by its third-quarter top- and bottom-line wins. Wells Fargo posted third-quarter earnings of 1.52 on revenue of 20.37billion.Today′spophasWFCbreakingaboverecentresistanceatthe120−daymovingaverageand20.37 billion.Today's pop has WFC breaking above recent resistance at the 120-day moving average and 58 level. In fact, the shares, which are pacing for their best  daily percentage pop since Feb. 15, are poised ...