Brinker International Posts Upbeat Results, Joins F5, T-Mobile US, Starbucks And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Wednesday.

Shares of Brinker International, Inc. EAT gained 12.8% to $174.33 after the company reported better-than-expected second-quarter financial results and raised its FY25 guidance above estimates.

The company reported second-quarter adjusted earnings per share of $2.80 beating the street view of $1.79. Quarterly sales of $1.358 billion outpaced the analyst consensus estimate of $1.240 billion.

Royal Caribbean Cruises shares climbed 6.2% to $251.48 on Tuesday.

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

Ranpak Holdings Corp. PACK shares jumped 30.2% to $7.48 after the company announced it has agreed to issue warrants for up to 18.72 million shares.
Nextracker Inc. NXT gained 24.2% to $49.21 as the company reported better-than-expected third-quarter financial results and raised its FY25 GAAP EPS guidance on Tuesday.
ImmunityBio, Inc. IBRX shares rose 14% to $3.5050. ImmunityBio announced collaboration with BeiGene on confirmatory Phase 3 trial of ANKTIVA® and PD-1 checkpoint inhibitor combination in non-small cell lung cancer.
NANO Nuclear Energy Inc. NNE gained 13.7% to $39.58.
Open Lending Corporation LPRO rose 11.8% to $6.31. Needham analyst Kyle Peterson upgraded Open Lending from Hold to Buy and announced a $7 price target.
Trump Media & Technology Group Corp. DJT surged 10.4% to $33.16 after the company announced it will launch a financial services and fintech brand.
F5, Inc. FFIV gained 9.4% to $293.72 after the company reported better-than-expected first-quarter financial results and issued strong second-quarter revenue guidance.
NuScale Power Corporation SMR rose 9.2% to $22.89.
Stride, Inc. LRN surged 9% to $131.45 after the company reported better-than-expected second-quarter financial results and issued FY25 revenue guidance above estimates.
Oklo Inc. OKLO gained 8.7% to $37.10.
T-Mobile US, Inc. TMUS climbed 8.5% to $240.00 following better-than-expected quarterly financial results.
Synaptics Incorporated SYNA climbed 7.5% to $86.55 after the company signed a licensing agreement with Broadcom.
Bloom Energy Corporation BE rose 7.3% to $21.89.
CSG Systems International, Inc. CSGS gained 6.2% to $59.90. Japan’s NEC Corp is weighing a bid for CSG Systems, Reuters reported.
Starbucks Corporation SBUX gained 5.7% to $106.15 following better-than-expected quarterly financial results. Additionally, Wedbush raised its price target on the stock from $95 to $100, and Barclays raised its target from $119 to $124.