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8 Stocks Surging on Earnings and Positive News

Investors might have become spooked about the recent days of selling. Even with the market hitting new high after new high, just a few days of selling pressure makes the timid investors wonder if the next market correction is coming. The reality is that some stocks simply do not care, and investors are looking for value and upside wherever they can find it.

Wednesday’s trading session had many stocks up, but 24/7 Wall St. has tracked eight stocks with non-merger related moves that stood out handily. These companies are well-known or generally known, unlike some of the small-caps and low volume stocks that may be surging.

We have shown the move on each, added in trading history and shown how the trading compares to recent trading history.

Etsy Inc. (NASDAQ: ETSY) was last seen trading up about 11% at $14.11 after it earnings beat expectations. Wedbush Securities raised its target to $13 from $10 and Maxim Group raised its target to $15 from $12. Etsy’s 52-week trading range is $6.04 to $18.57.

Fitbit Inc. (NYSE: FIT) is way down from its old post-IPO highs, but the company’s earnings...