- CPS stock soared over 70 per cent on Friday morning.
- Cooper-Standard Holdings Inc. (NYSE: CPS) reported its Q2 FY22 earnings results on August 4.
- The company's total sales surged over 13 per cent YoY in Q2 FY22.
The system and components supplier in the automotive sector, Cooper-Standard Holdings Inc. (NYSE: CPS), made a significant place in the market on August 5 with a surge of over 70 per cent in its price on Friday morning. Notably, the company released its Q2 2022 earnings results on August 4.
CPS stock traded at US$ 8.91 at 11:05 AM ET on August 5, up 77.14 per cent from its previous closing price.