Hilton Worldwide Reports Upbeat Results, Joins Hasbro, Vertiv Holdings And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were mixed, with the Dow Jones falling over 100 points on Wednesday.

Shares of Hilton Worldwide Holdings Inc. HLT rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results and raised FY24 adjusted EPS guidance.

Hilton Worldwide shares gained 5.7% to $208.21 on Wednesday.

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

• B. Riley Financial, Inc. RILY shares gained 29.9% to $28.20 after the company announced the results of an independent investigation showed the company and its executives had no involvement with, or knowledge of, any of the alleged misconduct concerning Mr. Kahn or any of his affiliates.
• MMTec, Inc. MTC shares jumped 29% to $2.8948.
• Ribbon Communications Inc. RBBN shares climbed 27.2% to $3.2699 after the company reported first-quarter financial results and issued guidance.
• Hasbro, Inc. HAS gained 12.1% to $65.13 following better-than-expected first-quarter financial results.
• Tesla, Inc. TSLA rose 11.9% to $161.93 following first-quarter results.
• Vertiv Holdings Co VRT gained 11.2% to $88.07 after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance.
• Bilibili Inc. BILI gained 11% to $12.76.
• Lifeway Foods, Inc. LWAY gained 9.9% to $22.50.
• Navitas Semiconductor Corporation NVTS rose 9.2% to $4.1402. Navitas Semiconductor is expected to report first-quarter financial results on Thursday, May 9.
• Westinghouse Air Brake Technologies Corporation WAB gained 9% to $161.84 after the company reported better-than-expected first-quarter financial results and raised its 2024 guidance.
• Stride, Inc. LRN gained 8.4% to $63.07 after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.
• Cullinan Therapeutics, Inc. CGEM gained 8% to $18.00.
• Sage Therapeutics, Inc. SAGE jumped 7.7% to $13.95.
• Texas Instruments Incorporated TXN gained 6.4% to $176.10 following a first-quarter earnings beat.
• Boston Scientific Corporation BSX rose 6.2% to $73.24 after the company reported better than expected first-quarter earnings and issued guidance.
• Watsco, Inc. WSO gained 6.2% to $439.17 following first-quarter results.
• Group 1 Automotive, Inc. GPI jumped 6.1% to $296.67 after the company reported better-than-expected first-quarter financial results.

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