AT&T, Group 1 Automotive, Mattel, Seagate And Other Big Stocks Moving Higher On Wednesday
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday.
Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings.
AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro.
AT&T shares gained 3.1% to $18.78 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected second-quarter financial results. Also, the company raised its FY24 guidance above estimates.
- QXO, Inc. (NASDAQ:QXO) rose 19.4% to $94.69. The company on Monday announced a private placement financing.
- Flex Ltd. (NASDAQ:FLEX) rose 10.9% to $32.96 after the company reported better-than-expected second-quarter financial results.
- Manhattan Associates, Inc. (NASDAQ:MANH) gained 10.5% to $249.78 after the company reported better-than-expected second-quarter financial results.
- Group 1 Automotive, Inc. (NYSE:GPI) rose 9.6% to $333.95 after the company reported better-than-expected second-quarter adjusted EPS results.
- Enphase Energy, Inc. (NASDAQ:ENPH) jumped 9.2% to $113.18 after the company reported second-quarter financial results.
- Q32 Bio Inc. (NASDAQ:QTTB) gained 8.2% to $35.00.
- Mattel, Inc. (NASDAQ:MAT) rose 7.9% to $18.61 after the company reported better-than-expected second-quarter adjusted EPS results.
- Seagate Technology Holdings plc (NASDAQ:STX) shares climbed 7.5% to $113.33 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.
- Nabors Industries Ltd. (NYSE:NBR) gained 7.2% to $86.80 following quarterly results.
- Alkermes plc (NASDAQ:ALKS) rose 7% to $26.69 after the company reported better-than-expected second-quarter financial results.
- Tenet Healthcare Corporation (NYSE:THC) shares climbed 6.8% to $148.17 after the company reported better-than-expected second-quarter financial results and the company and raised its FY24 guidance above estimates. Also, the company announced it authorized a $1.5 billion share buyback.
- Avantor, Inc. (NYSE:AVTR) gained 6.5% to $22.55 after it was announced the stock will join the S&P MidCap 400.
- CoStar Group, Inc. (NASDAQ:CSGP) gained 6.5% to $79.69 following second-quarter results.
- Protagonist Therapeutics, Inc. (NASDAQ:PTGX) rose 5.8% to $40.49 after BTIG maintained a Buy rating on the stock and raised its price target from $41 to $51.
- QuidelOrtho Corporation (NASDAQ:QDEL) rose 5.5% to $39.00. The company announced it will replace Hibbett in the S&P SmallCap 600.
- Stifel Financial Corp. (NYSE:SF) rose 5.5% to $86.93 following upbeat earnings.
- Vicor Corporation (NASDAQ:VICR) gained 5.5% to $40.02 following quarterly results.
- Check Point Software Technologies Ltd. (NASDAQ:CHKP) rose 4.9% to $178.40 following better-than-expected quarterly results.
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