
Amphenol Posts Better-Than-Expected Results, Joins SAP, Tesla, Pegasystems And Other Big Stocks Moving Higher On Wednesday

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Amphenol Corporation reported better-than-expected first-quarter results, with sales rising 48% year-on-year to $4.81 billion, exceeding estimates. This led to an 11.7% increase in its stock price to $73.46. The Dow Jones index gained around 1,000 points, with other notable stocks like Pony AI, Pegasystems, and Novavax also seeing significant gains. Overall, the market showed strong performance with many companies reporting better-than-expected financial results.
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