American Eagle Reports Upbeat Earnings, Joins Kroger, Burlington Stores And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones index gaining more than 150 points on Thursday.

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) rose during Thursday’s session after the company reported better-than-expected fourth-quarter earnings and issued strong three-year revenue outlook strategy.

American Eagle Outfitters posted adjusted earnings of 61 cents per share, beating market estimates of 50 cents per share. The company’s quarterly sales came in at $1.68 billion versus estimates of $1.66 billion, according to data from Benzinga Pro.

American Eagle shares gained 5.4% to $24.72 on Thursday.

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

• MoneyLion Inc. (NYSE:ML) rose 28.3% to $67.43 following strong quarterly sales.
• CompoSecure, Inc. (NASDAQ:CMPO) jumped 27.5% to $5.99 as the company reported better-than-expected fourth-quarter financial results on Wednesday.
• Rush Street Interactive, Inc. (NYSE:RSI) surged 25.6% to $6.77 as the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for 2024.
• OneSpan Inc. (NASDAQ:OSPN) rose 24.9% to $11.97 after the company reported better-than-expected fourth-quarter financial results.
• Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) gained 23.2% to $41.35.
• Enhabit, Inc. (NASDAQ:EHAB) surged 21.9% to $9.58 following strong quarterly results.
• Rentokil Initial plc (NYSE:RTO) climbed 19.2% to $32.94 after the company reported better-than-expected FY23 financial results.
• Wave Life Sciences Ltd. (NYSE:WVE) rose 18.8% to $7.47. HC Wainwright & Co. analyst Andrew Fein maintained WAVE Life Sciences with a Buy and raised the price target from $8 to $15.
• The Honest Company, Inc. (NASDAQ:HNST) gained 18.5% to $3.7301 after the company reported better-than-expected fourth-quarter financial results.
• Dave Inc. (NYSE:DAVE) gained 18.2% to $37.38.
• The Chemours Company (NYSE:CC) rose 16.5% to $25.67.
• Arhaus, Inc. (NASDAQ:ARHS) climbed 15.2% to $14.77 following upbeat quarterly results.
• AudioEye, Inc. (NASDAQ:AEYE) shares rose 13.8% to $7.89 after the company reported mixed fourth-quarter financial results and issued guidance.
• Kronos Worldwide, Inc. (NYSE:KRO) rose 13.5% to $9.82 following upbeat quarterly results.
• OrthoPediatrics Corp. (NASDAQ:KIDS) gained 13.1% to $ 30.45 following upbeat quarterly earnings.
• Avangrid, Inc. (NYSE:AGR) rose 12.7% to $36.15 after the company announced that the Unaffiliated Committee of its Board of Directors received a non-binding proposal from Iberdrola to acquire all common shares that it or its affiliates do not own for $34.25 in cash per share.
• John Wiley & Sons, Inc. (NYSE:WLY) surged 11.5% to $36.92 following better-than-expected quarterly results.
• E2open Parent Holdings, Inc. (NYSE:ETWO) rose 10.5% to $4.4750. E2open announced initiation of a strategic review.
• DXP Enterprises, Inc. (NASDAQ:DXPE) gained 9.3% to $38.31 after reporting a fourth-quarter profit..
• Novo Nordisk A/S (NYSE:NVO) gained 8.6% to $ 135.51 after the company announced that a Phase 1 trial of its experimental drug Amycretin showed that participants lost 13.1% of their weight after 12 weeks.
• ASE Technology Holding Co., Ltd. (NYSE:ASX) rose 8% to $ 11.46.
• Burlington Stores, Inc. (NYSE:BURL) gained 7% to $220.15 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance.
• The Kroger Co. (NYSE:KR) climbed 6.9% to $53.99 after the company reported fourth-quarter EPS above estimates.
• Yext, Inc. (NYSE:YEXT) shares rose 6.1% to $6.32 after the company reported better-than-expected fourth-quarter financial results.
• Tronox Holdings plc (NYSE:TROX) rose 5.8% to $15.88.

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