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Why Teradyne Stock Surged Higher on Thursday

·1 min read
Why Teradyne Stock Surged Higher on Thursday
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The tech stock's move higher follows the company's strong earnings report earlier this week as well as a number of analyst upgrades for the stock since then. Teradyne said its third-quarter revenue increased 16% year over year to $951 million. Zooming out two years, quarterly revenue is notably up 63%.