Casey's Reports Upbeat Earnings, Joins Avidity Biosciences, Rentokil Initial And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were higher, with the Nasdaq Composite gaining over 250 points on Wednesday.

Shares of Casey’s General Stores, Inc. (NASDAQ:CASY) rose sharply during Wednesday's session after the company reported better-than-expected quarterly financial results. Also, the company increased its quarterly dividend.

Sales of $3.60 billion exceeded the street view of $3.48 billion. EPS of $2.34 beat the consensus of $1.72, according to data from Benzinga Pro.

Casey’s General Stores shares jumped 16.5% to $380.41 on Wednesday.

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

• Avidity Biosciences, Inc. (NASDAQ:RNA) surged 27% to $36.56 after the company announced initial AOC 1020 data from the Phase 1/2 FORTITUDE trial demonstrating reductions of greater than 50% in DUX4 regulated genes, trends of functional improvement, and favorable safety and tolerability in people living with facioscapulohumeral muscular dystrophy.
• Rentokil Initial plc (NYSE:RTO) jumped 15.5% to $31.10 following a report suggesting Trian has amassed a stake in the company.
• Affirm Holdings, Inc. (NASDAQ:AFRM) climbed 13.8% to $38.45. Brittain Resorts & Hotels selected Affirm as exclusive pay over time partner to bring hotel guests a more flexible way to book accommodations.
• Zillow Group, Inc. (NASDAQ:ZG) rose 12.8% to $47.12. Zillow Group Director Jay C Hoag acquired a total of 2,338,036 shares at an average price of $42.76.
• Element Solutions Inc (NYSE:ESI) gained 12.6% to $26.72 as the company increased second quarter and full year guidance.
• Dyne Therapeutics, Inc. (NASDAQ:DYN) jumped 11.2% to $34.43.
• Oracle Corporation (NYSE:ORCL) shares jumped 10.7% to $137.08 after the company reported fourth-quarter financial results. Oracle posted weaker-than-expected earnings for its fiscal fourth quarter. The company also announced a partnership with Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Cloud.
• Vornado Realty Trust (NYSE:VNO) rose 10.3% to $26.18.
• Upstart Holdings, Inc. (NASDAQ:UPST) gained 10.3% to $26.83.
• Enovix Corporation (NASDAQ:ENVX) climbed 9.9% to $13.58.
• Core & Main, Inc. (NYSE:CNM) gained 9.2% to $51.51 as the company announced a $500 million share repurchase authorization.
• SL Green Realty Corp. (NYSE:SLG) rose 9.1% to $57.38.
• Sunrun Inc. (NASDAQ:RUN) gained 8.3% to $15.76.
• Walker & Dunlop, Inc. (NYSE:WD) gained 8.1% to $99.70.
• FMC Corporation (NYSE:FMC) gained 4% to $59.37.
• Apple Inc. (NASDAQ:AAPL) rose 3.7% to $214.73.

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