India, June 25 -- Acuity Inc. (AYI) stock surged 21.37 percent, gaining $65.27 to $370.79 on Thursday, after the company reported higher third-quarter earnings and revenue compared with the same period last year, exceeding investor expectations.
The stock is currently trading at $370.79, compared with its previous close of $305.51 on the New York Stock Exchange. Shares opened at $349.89 and traded between $335.76 and $372.14 during the session. Trading volume reached 569,927 shares, above the average daily volume of 399,325 shares.
The company reported third-quarter net income of $141 million, or $4.56 per share, compared with $98.4 million, or $3.12 per share, a year earlier. Excluding special items, adjusted earnings were $164.3 million...