Reported 21 days ago
RBC Bearings Incorporated (NYSE:RBC) experienced a significant increase in stock value, aided by strong financial results in its aerospace and defense sectors. The company reported a 5.5% rise in net sales, reaching $394 million in Q1 2025, and its shares have surged 32.49% over the past year, closing at $321.68. Despite the overall downturn in U.S. stocks due to economic concerns, RBC's solid performance has garnered attention from investment strategists.
Source: YAHOO