HP Posts Upbeat Earnings, Joins Foot Locker, American Superconductor, Red Robin Gourmet Burgers And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling around 1% on Thursday.

Shares of HP Inc. (NYSE:HPQ) rose sharply during Thursday's session following better-than-expected second-quarter financial results.

Net revenue declined 0.8% Y/Y to $12.8 billion, beating the consensus of $12.6 billion. Adjusted EPS rose 4% Y/Y to 82 cents, surpassing the street view of 81 cents, according to data from Benzinga Pro.

HP shares climbed 12.5% to $36.94 on Thursday.

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

• Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 61% to $53.35.
• Foot Locker, Inc. (NYSE:FL) rose 25.9% to $28.35 following a first-quarter earnings beat.
• American Superconductor Corporation (NASDAQ:AMSC) shares jumped 25.4% to $19.79 following strong quarterly earnings.
• Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) climbed 22% to $8.21 following first-quarter results.
• American Superconductor Corporation (NASDAQ:AMSC) shares rose 19.4% to $18.85 following strong quarterly earnings.
• Burlington Stores, Inc. (NYSE:BURL) gained 19.2% to $238.93 following better-than-expected first-quarter earnings.
• Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) climbed 18.4% to $3.7088.
• Fitell Corporation (NASDAQ:FTEL) gained 15.1% to $19.57.
• Alignment Healthcare, Inc. (NASDAQ:ALHC) rose 12.6% to $7.86 after Baird initiated coverage on the stock with an Outperform rating and $10 price target.
• C3.ai, Inc. (NYSE:AI) rose 12.2% to $26.89 following strong fourth-quarter earnings.
• Credo Technology Group Holding Ltd (NASDAQ:CRDO) climbed 12.5% to $22.76 following upbeat earnings.
• Forward Air Corporation (NASDAQ:FWRD) rose 11.5% to $15.98
• Birkenstock Holding plc (NYSE:BIRK) climbed 10.5% to $55.26 after the company reported strong second-quarter earnings and raised its full-year revenue growth guidance.
• BW LPG Limited (NYSE:BWLP) rose 10.4% to $20.17 following first-quarter earnings.
• Best Buy Co., Inc. (NYSE:BBY) jumped 9% to $78.37 following first-quarter earnings.
• Insmed Incorporated (NASDAQ:INSM) gained 8.9% to $58.33. Insmed announced pricing of $650 million public offering of 12,621,359 shares at $51.50 per share.
• Biohaven Ltd. (NYSE:BHVN) rose 8.5% to $35.99. Biohaven recently announced pipeline and portfolio updates.
• United States Cellular Corporation (NYSE:USM) gained 8.1% to $47.76.
• Advance Auto Parts, Inc. (NYSE:AAP) shares gained 5.4% to $65.88.
• Bank OZK (NASDAQ:OZK) gained 4.8% to $41.51.

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