U.S. stocks traded mostly lower, with the Dow Jones dropping over 100 points on Thursday. Here are some big stocks recording gains in today’s session.
- QuantaSing Group Limited (NASDAQ:QSG) rose 30.8% to $11.24 after the company reported third-quarter financial results and issued guidance.
- Chewy, Inc. (NYSE:CHWY) shares jumped 24.2% to $36.62 after the company reported a year-over-year increase in first-quarter EPS results and better-than-expected sales results.
- Lands' End, Inc. (NASDAQ:LE) gained 23.1% to $7.72 following upbeat first-quarter results.
- Pure Storage, Inc. (NYSE:PSTG) rose 16% to $33.43 after the company reported better-than-expected first-quarter financial results and issued guidance.
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) shares surged 14.6% to $5.11. The China-based technology firm recently reported a first-quarter FY23 revenue of $271.48 million, missing the consensus of $282.80 million.
- Veeva Systems Inc. (NYSE:VEEV) gained 12.8% to $186.93 after the company reported better-than-expected first-quarter results and issued strong EPS guidance.
- Credo Technology Group Holding Ltd (NASDAQ:CRDO) surged 11.5% to $14.97 following upbeat quarterly sales.
- Uranium Energy Corp. (NYSE:UEC) rose 10% to $2.85.
- Alteryx, Inc. (NYSE:AYX) gained 9.8% to $42.77. B of A Securities upgraded Alteryx from Neutral to Buy and raised the price target from $60 to $70.
- OraSure Technologies, Inc. (NASDAQ:OSUR) climbed 9.5% to $5.51.
- Frontline plc (NYSE:FRO) gained 9.4% to $15.46.
- Aehr Test Systems (NASDAQ:AEHR) surged 9.4% to $36.13. Aehr Test Systems reported new customer and initial order for FOX-XP multi-wafer test and burn-in system for volume production of silicon carbide MOSFETs.
- NexGen Energy Ltd. (NYSE:NXE) gained 9.3% to $4.22.
- Opera Limited (NASDAQ:OPRA) gained 8.9% to $17.15. TD Cowen maintained Opera with an Outperform and raised the price target from $14 to $19.
- DHT Holdings, Inc. (NYSE:DHT) rose 7.8% to $8.29. DHT Holdings reported acquisition of 2018 built VLCC for $94.5 million.
- NetApp, Inc. (NASDAQ:NTAP) gained 7.8% to $71.52 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
- Hormel Foods Corporation (NYSE:HRL) climbed 7% to $40.91 following second-quarter results.
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