MGM Resorts, Madison Square Garden Entertainment, Cardiovascular Systems And Other Big Stocks Moving Higher On Thursday
U.S. stocks traded higher, with the Dow Jones gaining around 150 points on Thursday. Here are some big stocks recording losses in today’s session.
- Cardiovascular Systems, Inc. (NASDAQ:CSII) shares climbed 48.6% to $19.78 following Q2 results. Abbott Laboratories agreed to acquire Cardiovascular Systems for $20 per share for an equity value of approximately $890 million.
- Blue Bird Corporation (NASDAQ:BLBD) gained 37.7% to $19.00 following upbeat quarterly sales.
- AppLovin Corporation (NASDAQ:APP) shares rose 29.8% to $16.46 after the company issued strong Q1 guidance.
- 23andMe Holding Co. (NASDAQ:ME) jumped 17.5% to $2.96 following strong quarterly sales.
- Sonos, Inc. (NASDAQ:SONO) gained 16.4% to $20.80 after the company reported better-than-expected Q1 results.
- QuinStreet, Inc. (NASDAQ:QNST) rose 16% to $16.93 following strong quarterly sales.
- Unity Software Inc. (NYSE:U) climbed 15.8% to $42.10. Unity Software's mobile game publishing solution Supersonic deepened its white box approach to game publishing with upgrades including level analytics, crash center checks, and a multi-platform marketability tool.
- Sonos, Inc. (NASDAQ:SONO) gained 15.6% to $20.65 after the company reported better-than-expected Q1 results.
- DHT Holdings, Inc. (NYSE:DHT) jumped 13.4% to $10.35 following strong quarterly results.
- Merus N.V. (NASDAQ:MRUS) jumped 13.2% to $18.13.
- FormFactor, Inc. (NASDAQ:FORM) gained 13% to $32.71 after the company reported better-than-expected Q4 results.
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) gained 12.5% to $520.83 after the company reported better-than-expected Q4 EPS. The company issued Q1 revenue guidance with a midpoint above estimates.
- Maximus, Inc. (NYSE:MMS) jumped 11.1% to $83.96 after the company reported better-than-expected Q1 EPS and sales results and raised FY23 revenue guidance.
- CoreCivic, Inc. (NYSE:CXW) gained 10.9% to $11.18 following Q4 results.
- Madison Square Garden Entertainment Corp. (NYSE:MSGE) gained 10.8% to $59.13. Madison Square Garden Entertainment reported second-quarter FY23 revenue growth of 24% year-on-year to $642.2 million, beating the consensus of $601.5 million.
- Hims & Hers Health, Inc. (NASDAQ:HIMS) rose 10.4% to $9.31. Jefferies upgraded Hims & Hers Health from Hold to Buy and raised the price target from $7 to $11.
- Gates Industrial Corporation plc (NYSE:GTES) gained 10.4% to $14.49 following strong quarterly results.
- iQIYI, Inc. (NASDAQ:IQ) gained 9.9% to $7.72.
- MediaAlpha, Inc. (NYSE:MAX) jumped 9.6% to $14.55.
- Eneti Inc. (NASDAQ:NETI) gained 9.1% to $10.71 following Q4 results.
- Paycor HCM, Inc. (NASDAQ:PYCR) surged 8.8% to $26.71 after the company reported better-than-expected Q2 adjusted EPS and sales results. Additionally, the company issued Q3 and FY23 revenue guidance above analyst estimates.
- Everest Re Group, Ltd. (NYSE:RE) gained 7.4% to $383.37 after the company reported mixed Q4 financial results.
- MGM Resorts International (NYSE:MGM) jumped 7.2% to $44.42 after the company reported better-than-expected Q4 revenues and announced a $2 billion buyback.
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