Match Group Posts Upbeat Sales, Joins Modine Manufacturing, Scotts Miracle-Gro, NVIDIA And Other Big Stocks Moving Higher On Wednesday

Author: Avi Kapoor | July 31, 2024 01:05pm

U.S. stocks were higher, with the Dow Jones index gaining over 200 points on Wednesday.

Shares of Match Group, Inc. (NASDAQ:MTCH) surged 15% to $38.74 after the company reported better-than-expected second-quarter revenue results and issued strong third-quarter revenue guidance.

Match Group reported quarterly earnings of 48 cents per share, in-line with the analyst consensus estimate. Quarterly sales clocked in at $864 million which beat the analyst consensus estimate of $856.4 million and is a 4.15% increase from the same period last year.

Match Group surged 15% to $38.74 on Wednesday.

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

Powell Industries, Inc. (NASDAQ:POWL) jumped 33.2% to $177.43 after the company reported better-than-expected Q3 GAAP EPS and sales.
Stardust Power Inc. (NASDAQ:SDST) shares surged 23.9% to $14.65.
Modine Manufacturing Company (NYSE:MOD) surged 20.2% to $118.85 after the company reported better-than-expected first-quarter financial results.
Cassava Sciences, Inc. (NASDAQ:SAVA) surged 19.6% to $21.01.
Fiverr International Ltd. (NYSE:FVRR) jumped 18.5% to $25.94 after the company reported better-than-expected second-quarter financial results.
Parsons Corporation (NYSE:PSN) gained 16.4% to $89.82 after the company reported better-than-expected second-quarter financial results and raised its FY24 revenue guidance above estimates.
Talen Energy Corporation (NYSE:TLN) rose 13.6% to $125.98.
The Scotts Miracle-Gro Company (NYSE:SMG) jumped 12.7% to $79.17 following better-than-expected quarterly financial results.
Caesars Entertainment, Inc. (NASDAQ:CZR) gained 12.6% to $41.56 following second-quarter earnings.
Constellation Energy Corporation (NASDAQ:CEG) jumped 11.1% to $187.41.
NVIDIA Corporation (NASDAQ:NVDA) gained 11% to $115.04.
Arista Networks, Inc. (NYSE:ANET) rose 8.8% to $338.70 as the company reported better-than-expected second-quarter financial results and raised its third-quarter revenue guidance.
Teva Pharmaceutical Industries Limited (NYSE:TEVA) gained 8.7% to $17.84 after the company reported better-than-expected quarterly financial results and issued FY24 guidance.