C.H. Robinson Worldwide Posts Upbeat Results, Joins Avis Budget Group, Qualcomm, BorgWarner, Moderna And Other Big Stocks Moving Higher On Thursday
U.S. stocks were higher, with the Dow Jones index gaining over 50 points on Thursday.
Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rose sharply during Thursday's session after the company reported better-than-expected first-quarter financial results.
C.H. Robinson Worldwide posted adjusted earnings of 86 cents per share, beating market estimates of 82 cents per share. The company's quarterly sales came in at $4.412 billion versus expectations of $4.269 billion, according to data from Benzinga Pro.
C.H. Robinson Worldwide shares jumped 16.8% to $84.24 on Thursday.
Here are some other big stocks recording gains in today's session.
- Aspen Aerogels, Inc. (NYSE:ASPN) jumped 37.5% to $20.92 after the company reported better-than-expected first-quarter financial results.
- Carvana Co. (NYSE:CVNA) rose 35.8% to $118.19 after the company announced upbeat quarterly results.
- Enovix Corporation (NASDAQ:ENVX) surged 27.1% to $8.27 after the company reported mixed first-quarter financial results.
- Gannett Co., Inc. (NYSE:GCI) rose 22.3% to $2.9519 following strong quarterly results.
- Perdoceo Education Corporation (NASDAQ:PRDO) jumped 19.4% to $21.89 following upbeat results.
- Pulmonx Corporation (NASDAQ:LUNG) rose 19.2% to $9.20 after the company reported better-than-expected first-quarter financial results.
- Benchmark Electronics, Inc. (NYSE:BHE) surged 18.3% to $35.82 following better-than-expected quarterly results.
- Pitney Bowes Inc. (NYSE:PBI) rose 18% to $4.97 following strong quarterly results.
- Rush Street Interactive, Inc. (NYSE:RSI) shares gained 17.4% to $7.53 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
- Avis Budget Group, Inc. (NASDAQ:CAR) rose 15.7% to $109.62 after the company reported mixed first-quarter financial results.
- Howmet Aerospace Inc. (NYSE:HWM) climbed 15.2% to $76.93 after the company reported better-than-expected first-quarter financial results.
- Sunnova Energy International Inc. (NYSE:NOVA) rose 15% to $4.0399 after the company reported better-than-expected first-quarter adjusted EPS results.
- Valmont Industries, Inc. (NYSE:VMI) rose 14.4% to $237.65 after the company posted upbeat quarterly earnings and raised FY24 EPS guidance.
- Blueprint Medicines Corporation (NASDAQ:BPMC) gained 13.7% to $107.81 after the company reported better-than-expected first-quarter results and raised FY24 revenue guidance.
- Lantheus Holdings, Inc. (NASDAQ:LNTH) surged 12.8% to $76.09 after the company reported better-than-expected first-quarter results and raised its FY24 adjusted EPS outlook.
- Sprouts Farmers Market, Inc. (NASDAQ:SFM) climbed 12% to $72.08 after the company reported better-than-expected first-quarter EPS and sales.
- Wayfair Inc. (NYSE:W) gained 11.7% to $56.53 after the company reported better-than-expected first-quarter financial results.
- Tronox Holdings plc (NYSE:TROX) rose 10.8% to $18.94 following strong sales.
- Kontoor Brands, Inc. (NYSE:KTB) gained 9.9% to $68.29 following better-than-expected quarterly results.
- QUALCOMM Incorporated (NASDAQ:QCOM) climbed 8.5% to $178.02 after the company reported better-than-expected second-quarter financial results, raised its dividend and issued third-quarter guidance.
- Belden Inc. (NYSE:BDC) gained 8.2% to $87.95 after the company reported mixed first-quarter earnings and announced the acquisition of Precision Optical Technologies.
- Kellanova (NYSE:K) rose 8.1% to $61.60 following upbeat earnings.
- Glaukos Corporation (NYSE:GKOS) gained 7.7% to $106.55 following strong sales.
- Sealed Air Corporation (NYSE:SEE) surged 7.7% to $34.60 after the company reported better-than-expected quarterly financial results.
- BorgWarner Inc. (NYSE:BWA) gained 7.7% to $35.39 following upbeat earnings.
- Itron, Inc. (NASDAQ:ITRI) rose 7.4% to $98.39 following upbeat earnings.
- IAC Inc. (NASDAQ:IAC) gained 6.8% to $51.11 after it was announced the stock will join the S&P SmallCap 600.
- Moderna, Inc. (NASDAQ:MRNA) shares jumped 6.5% to $118.75 following first-quarter results.
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