Holley Inc. (NYSE: HLLY) is poised to benefit from the significant whitespace in the $35 billion performance automotive aftermarket, while there is also potential for acquisition-driven upside, according to Bank of America Securities.
Holley (NYSE:HLLY) reported quarterly earnings of $0.15 per share which met the analyst consensus estimate. The company reported quarterly sales of $200.10 million which beat the analyst consensus estimate of $189.97
Gainers
ION Geophysical Corporation (NYSE: IO) shares surged 91.2% to settle at $0.6980 on Wednesday. ION Geophysical was awarded a five-year contract by Brunei Shell Petroleum Co. for a digital solution to manage Marine Logistics.