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News

Spectrum Brands Posts Upbeat Results, Joins AerSale, Sinclair, ICU Medical And Other Big Stocks Moving Higher On Thursday

Author: Avi Kapoor | May 09, 2024 10:25am

U.S. stocks were mixed, with the Dow Jones gaining around 100 points on Thursday.

Shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) rose sharply during Thursday's session following upbeat earnings.

Spectrum Brands posted adjusted earnings of $1.62 per share, beating expectations of 62 cents per share. The company's quarterly sales came in at $718.50 million versus estimates of $707.52 million, according to data from Benzinga Pro.

Spectrum Brands shares surged 12.4% to $95.00 on Thursday.

Here are some other big stocks recording gains in today's session.

  • Sezzle Inc.  (NASDAQ:SEZL) shares climbed 69.9% to $75.99 after the company reported a year-over-year increase in first-quarter financial results.
  • Embecta Corp. (NASDAQ:EMBC) shares rose 40.1% to $14.39 after the company reported upbeat second-quarter results and raised FY24 guidance.
  • Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) gained 30.6% to $17.28 following better-than-expected first-quarter results.
  • Vital Farms, Inc. (NASDAQ:VITL) shares rose 29.8% to $38.83 after the company reported better-than-expected first-quarter sales results and issued FY24 revenue guidance above estimates.
  • SiTime Corporation (NASDAQ:SITM) gained 25.6% to $121.82 following upbeat quarterly results.
  • Blue Bird Corporation (NASDAQ:BLBD) jumped 25.5% to $47.18 after the company reported better-than-expected second-quarter financial results.
  • PlayAGS, Inc. (NYSE:AGS) surged 24.5% to $11.16 as the company agreed to be acquired by Brightstar Capital Partners for approximately $1.1 billion.
  • AerSale Corporation (NASDAQ:ASLE) rose 20.3% to $9.08 following upbeat quarterly earnings.
  • Zai Lab Limited (NASDAQ:ZLAB) gained 19.7% to $19.83 after the company reported better-than-expected first-quarter financial results.
  • Warby Parker Inc. (NYSE:WRBY) gained 19.5% to $14.87 after the company reported a year-over-year increase in first-quarter GAAP EPS results and better-than-expected sales results. Also, the company raised its FY24 net revenue guidance.
  • Sinclair, Inc. (NASDAQ:SBGI) surged 17.8% to $15.65 following quarterly results.
  • BigCommerce Holdings, Inc. (NASDAQ:BIGC) rose 15.7% to $7.74 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance.
  • ZimVie Inc. (NASDAQ:ZIMV) rose 15.7% to $17.79 following first-quarter earnings. The company also issued strong FY24 EPS guidance.
  • Pagaya Technologies Ltd. (NASDAQ:PGY) jumped 15.2% to $12.10 following strong quarterly resulys.
  • Magnite, Inc.(NASDAQ:MGNI) shares surged 14.6% to $10.20 after the company reported first-quarter financial results.
  • Compass, Inc. (NYSE:COMP) shares gained 14.5% to $3.7550 after posting first-quarter results.
  • Klaviyo, Inc. (NYSE:KVYO) shares gained 13.1% to $24.35 after the company reported better-than-expected first-quarter financial results.
  • Equinix, Inc. (NASDAQ:EQIX) gained 12.7% to $780.98 following first-quarter earnings.
  • Playtika Holding Corp. (NASDAQ:PLTK) rose 12.5% to $8.72 following strong quarterly sales.
  • Camtek Ltd. (NASDAQ:CAMT) jumped 12.2% to $94.73 after the company reported a first-quarter beat and issued second-quarter guidance above estimates.
  • YETI Holdings, Inc. (NYSE:YETI) surged 11.6% to $38.85 following better-than-expected first-quarter financial results.
  • AppLovin Corporation (NASDAQ:APP) gained 10.4% to $81.69 after the company reported better-than-expected first-quarter financial results.
  • Primo Water Corporation (NASDAQ:PRMW) rose 9.4% to $22.00 following upbeat quarterly results.
  • Pan American Silver Corp. (NYSE:PAAS) gained 9.1% to $20.32 following strong quarterly results.
  • Hecla Mining Company (NYSE:HL) surged 8.5% to $5.33 following upbeat sales.
  • HUTCHMED (China) Limited (NASDAQ:HCM) gained 8.1% to $21.06.
  • Jackson Financial Inc. (NYSE:JXN) gained 7.3% to $78.76 following a first-quarter earnings beat.
  • ICU Medical, Inc. (NASDAQ:ICUI) gained 6.5% to $107.17 following upbeat earnings.
  • Teekay Tankers Ltd. (NYSE:TNK) rose 6.1% to $67.42 following better-than-expected earnings.
  • PENN Entertainment, Inc. (NASDAQ:PENN) rose 5.8% to $16.57 after ESPN Bet on Wednesday was named the official sports betting sponsor of the PGA Championship through 2026.
  • US Foods Holding Corp. (NYSE:USFD) gained 4.6% to $54.77 following upbeat earnings.

Now Read This: Jim Cramer Says Buy This Tech Stock Right Here, Likes Cognex

Posted In: AGS APP ASLE BIGC BLBD CAMT CCSI COMP EMBC EQIX HCM HL ICUI JXN KVYO MGNI PAAS PENN PGY PLTK