Constellation Brands (STZ) is trading higher, up 1.78% at $161.60, driven by broad market strength and sustained positive sentiment following its recent strong quarterly results.
- The positive momentum is linked to the Q3 2026 report, where the company posted EPS of $3.06, significantly beating analyst estimates of $2.64.
- Today's gains are also attributed to general market optimism ahead of the upcoming FOMC meeting and 4Q GDP release later this week.
- The stock is currently recovering from a substantial 22% decline experienced over the past month.