KB Home Reports Upbeat Earnings, Joins Harrow, Accenture, Gilead Sciences And Other Big Stocks Moving Higher On Thursday
U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Thursday.
Shares of KB Home (NYSE:KBH) rose during Thursday's session as the company posted better-than-expected earnings and sales results for its second quarter on Tuesday.
KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro.
KB Home shares gained 4.2% to $70.91 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Ocular Therapeutix, Inc. (NASDAQ:OCUL) shares climbed 16% to $6.36 after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $7 to $11.
- Applied Digital Corporation (NASDAQ:APLD) jumped 15.3% to $5.95.
- Ranpak Holdings Corp. (NYSE:PACK) rose 13.7% to $6.49.
- ImmunityBio, Inc. (NASDAQ:IBRX) gained 13.6% to $7.08 after the company announced insurance coverage of ANKTIVA across multiple states with first commercial doses administered.
- Harrow, Inc. (NASDAQ:HROW) shares jumped 12.2% to $19.81 after the company announced the manufacture of the first of three commercial-scale process performance qualification batches of TRIESENCE 40 mg/mL. Also the company announced that the second and third required PPQ batches are now scheduled.
- ZKH Group Limited (NYSE:ZKH) climbed 11.4% to $3.92
- NANO Nuclear Energy Inc. (NASDAQ:NNE) rose 11.3% to $12.91.
- Himax Technologies, Inc. (NASDAQ:HIMX) surged 11.1% to $8.23
- Globant S.A. (NYSE:GLOB) gained 7.9% to $166.36 after the company announced the launch of Globant GUT.
- Bilibili Inc. (NASDAQ:BILI) shares jumped 7.8% to $17.45. On Tuesday, JP Morgan analyst Daniel Chen upgraded Bilibili from Neutral to Overweight and announced a $21 price target.
- Super Micro Computer, Inc. (NASDAQ:SMCI) climbed 7% to $982.60 after Elon Musk indicated the company will provide server racks for the supercomputer that xAI is building.
- Accenture plc (NYSE:ACN) gained 6.7% to $304.41 after the company posted quarterly results.
- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) rose 6.2% to $20.18.
- WestRock Company (NYSE:WRK) rose 5.6% to $52.48.
- Advanced Micro Devices, Inc. (NASDAQ:AMD) gained 5% to $162.36.
- Kohl’s Corporation (NYSE:KSS) climbed 4.5% to $22.35.
- Gilead Sciences, Inc. (NASDAQ:GILD) rose 4.1% to $65.76 after the company announced results from an interim analysis of a Phase 3 trial, showing Lenacapavir demonstrated 100% efficacy for HIV prevention and superiority to daily Truvada.
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