U.S. stocks traded higher, with the Nasdaq Composite gaining around 100 points on Wednesday.
Shares of Textron Inc. (NYSE:TXT) rose during Wednesday’s session following upbeat quarterly earnings.
Textron posted adjusted earnings of $1.60 per share, beating market estimates of $1.54 per share. The company’s quarterly sales came in at $3.89 billion versus expectations of $3.95 billion, according to data from Benzinga Pro.
Textron shares gained 6% to $ 84.09 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Kura Oncology, Inc. (NASDAQ:KURA) jumped 41.3% to $18.99. Kura Oncology announced oversubscribed $150 million private placement.
- Jin Medical International Ltd. (NASDAQ:ZJYL) gained 21% to $202.00.
- Heron Therapeutics, Inc. (NASDAQ:HRTX) shares rose 15.6% to $2.5450. Heron Therapeutics received FDA approval of ZYNRELEF® indication expansion to include additional orthopedic and soft tissue procedures.
- Netflix, Inc. (NASDAQ:NFLX) shares jumped 12.6% to $554.00 as the company reported better-than-expected sales for its fourth quarter.
- EverQuote, Inc. (NASDAQ:EVER) shares gained 10% to $12.98.
- TAL Education Group (NYSE:TAL) shares gained 9% to $11.87.
- QuinStreet, Inc. (NASDAQ:QNST) gained 8% to $12.58.
- New Oriental Education & Technology Group Inc. (NYSE:EDU) jumped 8% to $77.74 after the company reported better-than-expected second-quarter sales results.
- ASML Holding N.V. (NASDAQ:ASML) gained 7.3% to $835.92 after the company reported better-than-expected quarterly financial results and issued guidance.
- Richtech Robotics Inc. (NASDAQ:RR) surged 7% to $11.88.
- SAP SE (NYSE:SAP) climbed 6.8% to $174.64 after the company reported fourth-quarter financial results.
- Domo, Inc. (NASDAQ:DOMO) surged 5.5% to $10.37.
- The Progressive Corporation (NYSE:PGR) rose 5.4% to $179.49 after the company reported fourth-quarter financial results.
- First Horizon Corporation (NYSE:FHN) gained 3.5% to $14.73 after UBS upgraded the stock from Neutral to Buy. First Horizon plans to repurchase up to $650 million of its common stock.
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