Ally Financial Reports Upbeat Earnings, Joins Badger Meter, Genuine Parts And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Nasdaq Composite falling over 50 points on Thursday.

Shares of Ally Financial Inc. (NYSE:ALLY) rose sharply during Thursday's session after the company reported better-than-expected quarterly financial results.

Ally Financial posted adjusted earnings of 45 cents per share, beating market estimates of 33 cents per share. The company's adjusted sales came in at $1.99 billion versus expectations of $1.96 billion.

Ally Financial shares jumped 7.7% to $39.06 on Thursday.

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

• Critical Metals Corp. (NASDAQ:CRML) rose 24% to $9.30.
• Canopy Growth Corporation (NASDAQ:CGC) shares gained 21.2% to $7.86.
• Humacyte, Inc. (NASDAQ:HUMA) shares rose 13.9% to $3.5550.
• Trump Media & Technology Group Corp. (NASDAQ:DJT) jumped 13.4% to $29.92. The company in a filing explained to shareholders how to prevent shares from being loaned for a short interest position.
• Aquestive Therapeutics, Inc. (NASDAQ:AQST) jumped 12.4% to $4.4050.
• Badger Meter, Inc. (NYSE:BMI) shares jumped 11.8% to $171.06 after the company reported better-than-expected first-quarter results.
• FibroBiologics, Inc. (NASDAQ:FBLG) rose 11.8% to $10.61.
• CleanSpark, Inc. (NASDAQ:CLSK) climbed 11.7% to $16.66 as Bitcoin has gained over the past 24 hours.
• Genuine Parts Company (NASDAQ:GPC) gained 11.1% to $160.05 after the company reported a first-quarter EPS beat and raised its FY24 guidance.
• Barnes Group Inc (NYSE:B) rose 8.8% to $36.31. DA Davidson analyst Matt Summerville upgraded Barnes from Neutral to Buy and raised the price target from $35 to $45.
• Iridium Communications Inc. (NASDAQ:IRDM) climbed 8.5% to $26.81 after the company reported better-than-expected first-quarter financial results.
• Apogee Enterprises, Inc (NASDAQ:APOG) surged 8.1% to $60.42 following upbeat quarterly earnings.
• ManpowerGroup Inc. (NYSE:MAN) gained 7.1% to $75.03 following strong second-quarter guidance.
• Snap Inc. (NYSE:SNAP) rose 6.2% to $11.58 following recent reports of the TikTok divest-or-ban bill moving on a fast track through Congress.
• United Airlines Holdings, Inc. (NASDAQ:UAL) jumped 4.6% to $50.99 after multiple analysts raised their price targets on the stock.
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