Why These 5 Stocks Surged on Wednesday

In this article we take a look at five stocks that surged on Wednesday. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Surged on Wednesday.

5. Juniper Networks, Inc. (NYSE:JNPR) rose more than 8.4% after reporting strong preliminary financial results for the three months ended September 30, 2021. For the quarter, Juniper Networks, Inc. (NYSE:JNPR) sales rose 4% year over year to $1,188.8 million and adjusted net income rose 5% year over year to $152 million. For the quarter ending December 31, 2021, the company expects sales of around $1,265 million plus or minus $50 million. The company also expects adjusted net income per share of around $0.53 plus or minus $0.05 for the period. Ken Griffin’s Citadel Investment Group was long more than 2.3 million shares of Juniper Networks, Inc. (NYSE:JNPR) at the end of June.