UL Solutions Trading Volume Surges 401.72% to $17.1 Million Ranked 480th in Daily Market Turnover

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 29, 2025 7:29 pm ET1min read

On April 29, 2025,

(ULS) saw a significant increase in trading volume, with a turnover of $17.1 million, marking a 401.72% rise from the previous day. This surge placed UL Solutions at the 480th position in the daily stock market rankings. However, the stock price experienced a decline of 0.84%, marking the third consecutive day of losses, with a total decrease of 1.78% over the past three days.

UL Solutions Inc. is scheduled to release its earnings report next week, with Wall Street analysts anticipating growth in earnings. This anticipation comes after the company reported revenues of $739 million for the fourth quarter, an 8% year-on-year increase that surpassed analysts' expectations by 1.9%. This strong performance has positioned UL Solutions as one of the top performers in the government and technical consulting sector.

In terms of institutional ownership, Picton Mahoney Asset Management has increased its stake in UL Solutions, now owning 114,721 shares valued at $5.72 million. Additionally, Fmr LLC has raised its position in the company by 17.2% during the fourth quarter, indicating continued investor confidence in UL Solutions' prospects.

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