Parker-Hannifin Posts Upbeat Earnings, Joins Under Armour, Zillow Group, YETI Holdings, Eli Lilly And Other Big Stocks Moving Higher On Thursday

Author: Avi Kapoor | August 08, 2024 11:09am

U.S. stocks were higher, with the Dow Jones index gaining over 1% on Thursday.

Shares of Parker-Hannifin Corporation (NYSE:PH) rose sharply during Thursday's session following better-than-expected fourth-quarter financial results and upbeat FY25 guidance.

Parker Hannifin reported fourth-quarter sales growth of 2% year over year to $5.186 billion and +3% organic growth, beating the consensus of $5.082 billion.

Parker-Hannifin shares jumped 9.8% to $562.79 on Thursday.

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

Viasat, Inc. (NASDAQ:VSAT) gained 42.2% to $25.27 after the company reported better-than-expected first-quarter financial results.
XPEL, Inc. (NASDAQ:XPEL) gained 35% to $42.65 after the company reported better-than-expected second-quarter financial results.
AxoGen, Inc. (NASDAQ:AXGN) shares surged 33.5% to $10.57 after the company reported better-than-expected second-quarter results.
CommScope Holding Company, Inc. (NASDAQ:COMM) climbed 30% to $2.7600 after the company reported better-than-expected second-quarter financial results.
DocGo Inc. (NASDAQ:DCGO) rose 27.1% to $3.80 after the company reported better-than-expected quarterly sales.
Klaviyo, Inc. (NYSE:KVYO) gained 25.2% to $28.91 after the company reported better-than-expected second-quarter financial results. Also, the company issued FY24 and Q3 revenue guidance above estimates.
Leslie’s, Inc. (NASDAQ:LESL) rose 23.3% to $3.4050 following upbeat quarterly earnings.
Forward Air Corporation (NASDAQ:FWRD) gained 19.6% to $26.90 following second-quarter results.
Clean Energy Fuels Corp. (NASDAQ:CLNE) gained 19.2% to $2.8850 following quarterly earnings.
ICU Medical, Inc. (NASDAQ:ICUI) jumped 18.1% to $143.88 following strong quarterly results.
Under Armour, Inc. (NYSE:UA) gained 17.2% to $7.35 following first-quarter earnings.
SharkNinja, Inc. (NYSE:SN) rose 16% to $84.65 after the company reported better-than-expected quarterly financial results.
Zillow Group, Inc. (NASDAQ:ZG) gained 15.5% to $46.61 after the company reported better-than-expected quarterly financial results.
Nova Ltd. (NASDAQ:NVMI) jumped 15% to $208.24 after the company reported better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.
YETI Holdings, Inc. (NYSE:YETI) gained 13.1% to $41.90 after the company reported better-than-expected second-quarter financial results and raised its FY24 adjusted EPS guidance above estimates.
Boot Barn Holdings, Inc. (NYSE:BOOT) rose 11.4% to $128.93 after the company reported better-than-expected first-quarter financial results.
Sealed Air Corporation (NYSE:SEE) gained 10.6% to $38.04 following quarterly results.
Eli Lilly and Company (NYSE:LLY) rose 9.1% to $842.14 after the company reported better-than-expected second-quarter financial results and raised its full-year guidance.
ON Semiconductor Corporation (NASDAQ:ON) gained 5% to $69.63.