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MARKETS LIVE BLOG:

STOCKS TRADE MIXED AFTER ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in early trading

Why Haynes International Stock Rallied Over 18% at the Open Today

Reuben Gregg Brewer, The Motley Fool
·2 min read

Shares of Haynes International (NASDAQ: HAYN), a maker of high-performance alloys, rose dramatically at the open of trading on Friday, gaining just shy of 19% in the first hour or so of the day. The big news was the company's fiscal third-quarter 2022 earnings update, which hit the market after the close on July 28. On the top line, Haynes' sales increased 11.2% sequentially versus the fiscal second quarter and a huge 47.7% compared to the fiscal third quarter of 2021.

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