Why Crane NXT Stock Surged by 15% Today

On a mildly down day for many stocks, industrial tech company Crane NXT (NYSE: CXT) was quite a standout in Tuesday trading. On the back of a notable increase in guidance for a key business activity, investors assertively bought into the company's stock to send it to a 15% gain. That contrasted positively with the fate of the S&P 500 index; the bellwether equity gauge sank by 0.6%.Before the start of the day's trading session, Crane NXT said that its U.S. currency printing activity should ramp up considerably next year. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool