Manhattan Associates shares rise nearly 28% after strong Q2 results
Manhattan Associates (MANH) saw its stock surge by almost 28% on Wednesday following better-than-expected second-quarter earnings. The company outperformed both revenue and profit forecasts, leading to an upward revision of its full-year guidance. The significant share price increase reflects strong investor confidence in the firm's performance and future outlook. Trading reached a peak at $215 during midday sessions—the highest level since September 2023.
Tickers: $MANH
Topics: Earnings Guidance Stock Movement