Jabil Posts Better-Than-Expected Earnings, Joins Darden Restaurants, QXO, Five Below And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Thursday.

Shares of Jabil Inc. JBL rose sharply during Wednesday's session after the company reported better-than-expected second-quarter financial results and raised its FY25 guidance.

Jabil reported second-quarter adjusted earnings per share of $1.94, beating the analyst consensus estimate of $1.83. Quarterly sales of $6.73 billion outpaced the analyst consensus estimate of $6.408 billion.

Jabil shares jumped 5.1% to $146.67 on Thursday.

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

ProAssurance Corporation PRA shares jumped 47.8% to $22.98 after the company announced it will be acquired by The Doctors Company for $25.00 per share in cash.
ARS Pharmaceuticals, Inc. SPRY gained 24.77% to $14.53 following fourth-quarter results.
China Liberal Education Holdings Limited CLEU shares rose 19.8% to $2.42.
Regencell Bioscience Holdings Limited RGC jumped 19.5% to $36.77.
Capricor Therapeutics, Inc. CAPR rose 13.7% to $13.90 following strong quarterly results.
Titan Machinery Inc. TITN gained 12.9% to $16.63 following strong quarterly sales.
Carvana Co. CVNA gained 9.9% to $193.50 after Piper Sandler upgraded the stock from Neutral to Overweight..
Gambling.com Group Limited GAMB shares rose 9.4% to $13.65 after reporting upbeat quarterly results.
Immunocore Holdings plc IMCR gained 9% to $31.31.
Darden Restaurants, Inc. DRI rose 7.7% to $202.57 after the company issued FY25 sales guidance above estimates.
QXO, Inc. QXO gained 7.4% to $14.02. On Thursday, QXO disclosed entering into a definitive merger agreement to acquire Beacon for $124.35 per share in cash.
Five Below, Inc. FIVE rose 6.8% to $80.73 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.
The Boston Beer Company, Inc. SAM gained 4.4% to $228.68. Citigroup analyst Filippo Falorni upgraded Boston Beer from Neutral to Buy and raised the price target from $265 to $280.