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NASDAQ:AVT News 28 January 2026

Avnet stock jumps 11% after Q2 earnings beat and upbeat outlook lifts AVT price

Avnet stock jumps 11% after Q2 earnings beat and upbeat outlook lifts AVT price

New York, January 28, 2026, 13:10 EST — Regular session. Avnet, Inc. shares surged roughly 11% Wednesday following a quarterly earnings report that beat estimates and a third-quarter forecast that exceeded expectations. By 1:01 p.m. EST, the stock had climbed 11.3% to $58.65, reaching an intraday peak of $58.84 earlier. This move is crucial as investors seek clear signals on…

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  • Live Cattle Futures Rise Amid Mixed USDA Boxed Beef Report
    January 28, 2026, 4:27 PM EST. Live cattle futures gained 70 to 95 cents on Wednesday, with Feb 26 contracts up 92.5 cents at $236.53. Feeder cattle futures rose $1.10 to $2.50. USDA's boxed beef report showed mixed signals: Choice boxes increased $1.14 to $369.25, while Select boxes fell $1.46 to $363.73, widening the Choice/Select spread to $5.52. Tuesday's federally inspected cattle slaughter was estimated at 112,000 head, down 7,000 from last week and nearly 25,000 below the same week last year. Cash trade remains slow, with bids at $236 appearing. The CME Feeder Cattle Index rose $1.16 to 364.73 on January 26.
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