By Sabela OjeaPowell Industries reported a rise in profit amid higher revenue in the latest quarter and increased its dividend. Shares of the company climbed 16% to $94.75 in after-hours trading. American Superconductor is planning an underwritten public offering of its common stock. Shares of the company dropped 11% to $11.98 in after-hours trading.

Source: Wall Street Journal January 30, 2024 23:40 UTC