U.S. stocks traded higher, with the Dow Jones gaining more than 400 points on Friday. Here are some big stocks recording gains in today’s session.
- PacWest Bancorp (NASDAQ:PACW) shares jumped 53% to $4.86. Shares of beaten-down regional banking stocks surged on Friday following a report by Bloomberg that the Federal Deposit Insurance Corporation may exempt smaller banks with assets below $10 billion from contributing to its Deposit Insurance Fund.
- Owens & Minor, Inc. (NYSE:OMI) gained 36.3% to $18.48 following Q1 results.
- Carvana Co. (NYSE:CVNA) gained 34% to $9.65 after the company reported better-than-expected Q1 results and said it expects to achieve positive adjusted EBITDA in Q2.
- B. Riley Financial, Inc. (NASDAQ:RILY) jumped 30.3% to $36.62 following Q1 results.
- Western Alliance Bancorporation (NYSE:WAL) gained 30% to $23.70. Shares of beaten-down regional banking stocks surged on Friday following a report by Bloomberg that the Federal Deposit Insurance Corporation may exempt smaller banks with assets below $10 billion from contributing to its Deposit Insurance Fund.
- nLIGHT, Inc. (NASDAQ:LASR) gained 28.8% to $11.89 following strong quarterly results.
- Redfin Corporation (NASDAQ:RDFN) jumped 26.4% to $8.95 following upbeat quarterly results.
- Identiv, Inc. (NASDAQ:INVE) rose 25.1% to $6.38 after the company reported better-than-expected Q1 sales results.
- Opendoor Technologies Inc. (NASDAQ:OPEN) climbed 24.5% to $1.6815 following strong quarterly results.
- Metropolitan Bank Holding Corp. (NYSE:MCB) jumped 21.4% to $24.11.
- Funko, Inc. (NASDAQ:FNKO) rose 20.2% to $11.24 after the company reported better-than-expected Q1 results.
- Enviva Inc. (NYSE:EVA) climbed 19.2% to $8.36. Enviva recently reported weak Q1 results.
- SPX Technologies, Inc. (NASDAQ:SPXC) climbed 18.7% to $73.21 after the company posted upbeat quarterly results and raised FY23 revenue guidance.
- ACM Research, Inc. (NASDAQ:ACMR) gained 18% to $10.48 following Q1 results.
- Icahn Enterprises L.P. (NASDAQ:IEP) climbed 17.2% to $35.26 after the company announced its intention to declare a $2/unit distribution and said the Hindenburg report does not affect its liquidity.
- DraftKings Inc. (NASDAQ:DKNG) rose 17% to $24.92 after the company reported better-than-expected Q1 results and raised its FY23 revenue guidance.
- BILL Holdings, Inc. (NYSE:BILL) gained 17% to $93.50 after the company reported better-than-expected Q3 results.
- Gannett Co., Inc. (NYSE:GCI) rose 17.6% to $1.94. Gannett reported a first-quarter FY23 sales decline of 10.6% year-on-year to $668.92 million, missing the consensus of $681.30 million.
- NCR Corporation (NYSE:NCR) climbed 16% to $22.73 following strong quarterly earnings.
- WW International, Inc. (NASDAQ:WW) gained 16% to $8.79 following Q1 results.
- Zions Bancorporation (NASDAQ:ZION) climbed 15% to $23.09. JP Morgan upgraded Zions Bancorp from Underweight to Overweight and announced a $29 price target.
- Affirm Holdings, Inc. (NASDAQ:AFRM) gained 13.7% to $ 10.38.
- Wayfair Inc. (NYSE:W) climbed 13.5% to $41.10. Wayfair reported better-than-expected Q1 financial results.
- Live Nation Entertainment, Inc. (NYSE:LYV) gained 13.5% to $76.13 after the company reported strong Q1 results and said it has sold 90 million tickets this year, up approximately 20% year over year.
- Coinbase Global, Inc. (NASDAQ:COIN) gained 13.4% to $55.84 after the company reported better-than-expected Q1 results.
- Comerica Incorporated (NYSE:CMA) climbed 13.3% to $35.35. JP Morgan upgraded Comerica from Neutral to Overweight and announced a $46 price target.
- Proto Labs, Inc.(NYSE:PRLB) rose 13.2% to $31.72 following upbeat quarterly results.
- ADT Inc. (NYSE:ADT) climbed 12.4% to $5.76.
- TAL Education Group (NYSE:TAL) jumped 10.5% to $5.81.
- Select Medical Holdings Corporation (NYSE:SEM) gained 10.2% to $31.99 following strong quarterly results.
- Quaker Chemical Corporation (NYSE:KWR) jumped 9.7% to $203.10 following upbeat Q1 earnings.
- AMN Healthcare Services, Inc. (NYSE:AMN) gained 9.4% to $93.12 following Q1 earnings.
- Mueller Water Products, Inc. (NYSE:MWA) jumped 9.3% to $14.82. TD Cowen upgraded Mueller Water Products from Market Perform to Outperform and raised the price target from $11 to $19.
- KeyCorp (NYSE:KEY) gained 9.2% to $9.75.
- American International Group, Inc. (NYSE:AIG) gained 8.6% to $54.19 after the company reported better-than-expected Q1 sales results and raised its quarterly dividend.
- Teradata Corporation (NYSE:TDC) rose 8.1% to $44.43 following strong quarterly sales.
- The Cigna Group (NYSE:CI) gained 7.8% to $262.88 after the company reported better-than-expected Q1 financial results and raised guidance.
- Expedia Group, Inc. (NASDAQ:EXPE) rose 6% to $94.50 after the company reported a year-over-year increase in Q1 gross bookings and booked room nights.
- Apple Inc. (NASDAQ:AAPL) gained 4.7% to $173.54 after the company reported better-than-expected Q2 results, raised its dividend and announced a $90 billion buyback.
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