Louisiana-Pacific Posts Upbeat Results, Joins Cricut, Elanco Animal, American Public Education And Other Big Stocks Moving Higher On Wednesday
U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday.
Shares of Louisiana-Pacific Corporation (NYSE:LPX) rose sharply during Wednesday's session following better-than-expected first-quarter financial results.
LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million.
Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday.
Here are some other big stocks recording gains in today's session.
- Cricut, Inc. (NASDAQ:CRCT) shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results.
- MaxCyte, Inc. (NASDAQ:MXCT) jumped 27.6% to $5.01 following upbeat quarterly results.
- Ameresco, Inc. (NASDAQ:AMRC) climbed 27.6% to $28.47 following strong quarterly results.
- Elanco Animal Health Incorporated (NYSE:ELAN) gained 26.5% to $17.11 following strong quarterly earnings.
- American Public Education, Inc. (NASDAQ:APEI) gained 23.3% to $18.71 following upbeat quarterly results.
- Globus Medical, Inc. (NYSE:GMED) rose 23.3% to $63.35 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.
- Kyndryl Holdings, Inc. (NYSE:KD) gained 21.6% to $25.25 after the company reported better-than-expected fourth-quarter financial results.
- PowerSchool Holdings, Inc. (NYSE:PWSC) rose 21.2% to $20.17 following a report suggesting Bain is pursuing a takeover of the company.
- Myriad Genetics, Inc. (NASDAQ:MYGN) climbed 21.1% to $24.02 following better-than-expected first-quarter earnings.
- Arko Corp. (NYSE:ARKO) gained 20.3% to $5.15 following first-quarter earnings.
- Latham Group, Inc. (NASDAQ:SWIM) rose 19% to $3.5609 following strong first-quarter earnings.
- Hyster-Yale Materials Handling, Inc. (NYSE:HY) gained 18.2% to $69.74 following UPBEAT first-quarter earnings.
- Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) surged 17.7% to $26.22 after reporting strong quarterly results.
- Oddity Tech Ltd. (NASDAQ:ODD) rose 15.8% to $36.19 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.
- Dutch Bros Inc. (NYSE:BROS) gained 15.5% to $32.82 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance.
- RingCentral, Inc. (NYSE:RNG) gained 14.8% to $34.42 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.
- Luminar Technologies, Inc. (NASDAQ:LAZR) gained 14.5% to $1.89 as the company posted a narrower-than-expected quarterly loss.
- Toast, Inc. (NYSE:TOST) rose 14.2% to $27.09 after the company reported better-than-expected quarterly sales results.
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NASDAQ:HASI) surged 13.9% to $29.84 following upbeat earnings.
- Denali Therapeutics Inc. (NASDAQ:DNLI) rose 13.2% to $19.07 following a narrower-than-expected quarterly loss.
- Teva Pharmaceutical Industries Limited (NYSE:TEVA) gained 13% to $15.75 after the company reported mixed first quarter financial results.
- Vistra Corp. (NYSE:VST) climbed 10.1% to $90.01 after the company reported first quarter financial results.
- Cirrus Logic, Inc. (NASDAQ:CRUS) gained 9.6% to $99.93 as the company posted better-than-expected results for its fourth quarter.
- Lotus Technology Inc. (NASDAQ:LOT) gained 9.1% to $8.51.
- Lyft, Inc. (NASDAQ:LYFT) rose 8.8% to $18.08 following better-than-expected first-quarter results.
- Griffon Corporation (NYSE:GFF) surged 8.6% to $73.64 following upbeat second-quarter results.
- Grand Canyon Education, Inc. (NASDAQ:LOPE) rose 7.7% to $150.62 following upbeat quarterly results.
- Confluent, Inc. (NASDAQ:CFLT) gained 7.7% to $30.00 after the company reported better-than-expected quarterly financial results and raised its FY24 guidance above estimates.
- Veeco Instruments Inc. (NASDAQ:VECO) gained 6.9% to $40.08 following upbeat results.
- International Seaways, Inc. (NYSE:INSW) rose 6.3% to $60.21 after posting upbeat earnings.
- LCI Industries (NASDAQ:LCII) surged 6.2% to $111.48 following strong quarterly results.
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