Meta Platforms, Pinterest, W.W. Grainger And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded mixed, with the Nasdaq Composite gaining over 300 points on Thursday. Here are some big stocks recording gains in today’s session.

• Align Technology, Inc. ALGN gained 28% to $361.46 after the company reported better-than-expected Q4 EPS and sales results.
• Meta Platforms, Inc. META climbed 23.6% to $189.31 after the company reported better-than-expected Q4 revenues, cut its FY23 expense outlook and announced a $40 billion increase in its buyback authorization. DAUs increased 4% year over year.
• Affirm Holdings, Inc. AFRM jumped 19.7% to $21.20.
• Coinbase Global, Inc. COIN gained 18.8% to $78.07.
• QuantumScape Corporation QS rose 15.9% to $10.13.
• Janus Henderson Group plc JHG gained 14.7% to $30.31 after the company reported better-than-expected Q4 adjusted EPS and sales results.
• Sprout Social, Inc. SPT jumped 14.3% to $73.53.
• Cloudflare, Inc. NET gained 14.2% to $ 63.42.
• MicroStrategy Incorporated MSTR jumped 12% to $300.30
• Unity Software Inc. U jumped 12% to $40.85.
• Teladoc Health, Inc. TDOC gained 11.1% to $34.17.
• SVB Financial Group SIVB rose 10.5% to $346.52.
• W.W. Grainger, Inc. GWW gained 9.4% to $654.70 following strong Q4 earnings.
• The Trade Desk, Inc. TTD climbed 9.2% to $57.12. Needham reiterated Trade Desk with a Buy and maintained a $65 price target.
• DoorDash, Inc. DASH jumped 9.3% to $64.43.
• Pinterest, Inc. PINS gained 8.7% to $29.03 in sympathy with social media peer Meta, which reported strong Q4 results.
• Harley-Davidson, Inc. HOG jumped 8.4% to $50.65 after the company reported better-than-expected Q4 EPS results and a year-over-year increase in Q4 HDMC revenue. The company also issued guidance.

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