U.S. stocks traded higher, with the Dow Jones index gaining more than 50 points on Wednesday.
Shares of THOR Industries, Inc. (NYSE:THO) shares moved higher during Wednesday’s session following better-than-expected quarterly results.
Thor Industries posted quarterly earnings of 99 cents per share, topping market estimates of 98 cents per share. The company’s quarterly sales came in at $2.50 billion versus expectations of $2.498 billion.
THOR Industries shares gained 6.5% to $109.69 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Pharvaris N.V. (NASDAQ:PHVS) shares rose 33.7% to $28.00 after the company announced the CHAPTER-1 Phase 2 clinical study met its primary endpoint.
- Webuy Global Ltd (NASDAQ:WBUY) gained 32.4% to $7.88 after the company announced it entered into a non-binding MOU to acquire controlling interest in PT. Tiga Sakti Utama.
- Phreesia, Inc. (NYSE:PHR) surged 23.5% to $18.23 following third-quarter results.
- Arvinas, Inc. (NYSE:ARVN) jumped 21.7% to $28.20. Arvinas and Pfizer released clinical data for vepdegestrant (ARV-471) in combination with palbociclib (IBRANCE).
- SentinelOne, Inc. (NYSE:S) rose 17.4% to $23.48 after the company reported stronger-than-expected results for its third quarter and raised its annual revenue outlook.
- TG Therapeutics, Inc. (NASDAQ:TGTX) jumped 13.2% to $16.21.
- The Lovesac Company (NASDAQ:LOVE) surged 12.1% to $23.56 following quarterly results.
- Aspen Aerogels, Inc. (NYSE:ASPN) shares gained 12% to $11.93. Aspen Aerogels reported additional EV Thermal barrier commercial award and issued an update on U.S. Department of Energy loan application status.
- Applied Optoelectronics, Inc. (NASDAQ:AAOI) rose 12% to $18.09. Applied Optoelectronics recently announced a proposed private offering of $80 million of convertible senior notes due 2026.
- Genelux Corporation (NASDAQ:GNLX) gained 11% to $12.77.
- Upstart Holdings, Inc. (NASDAQ:UPST) rose 10.5% to $36.51.
- Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) climbed 10.2% to $46.22 following quarterly results.
- Shoe Carnival, Inc. (NASDAQ:SCVL) gained 9.3% to $27.15.
- Avis Budget Group, Inc. (NASDAQ:CAR) rose 9.2% to $200.80. Avis Budget declared a special cash dividend of $10.00 per share of common stock.
- Travere Therapeutics, Inc. (NASDAQ:TVTX) gained 9.2% to $8.08. Travere Therapeutics recently announced the completion of a successful pre-NDA meeting with the FDA for FILSPARI in IgA nephropathy and provided regulatory updates for both IgAN and FSGS.
- Hovnanian Enterprises, Inc. (NYSE:HOV) gained 9% to $117.37. Hovnanian recently reported a year-over-year increase in fourth-quarter financial results and issued first-quarter guidance.
- Livent Corporation (NYSE:LTHM) rose 8.8% to $14.19.
- NIO Inc. (NYSE:NIO) climbed 8.1% to $8.03. NIO is reportedly strategizing to spin off its battery manufacturing division, aiming to achieve profitability through cost reduction and enhanced efficiency.
- Campbell Soup Company (NYSE:CPB) climbed 6.4% to $42.95 following upbeat earnings.
- Block, Inc. (NYSE:SQ) gained 5.5% to $68.51. Barclays maintained Block with an Overweight and raised the price target from $95 to $100.
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