General Electric, Build-A-Bear Workshop, Asana And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded higher, with the Dow Jones gaining around 50 points on Thursday. Here are some big stocks recording gains in today’s session.

• Solo Brands, Inc. DTC shares rose 28.1% to $5.15 after the company announced better-than-expected Q4 results.
• Asana, Inc. ASAN climbed 26.3% to $22.48 as the company reported better-than-expected Q4 results and issued strong forecast for the current quarter.
• Build-A-Bear Workshop, Inc. BBW rose 22.5% to $25.23 after the company reported fourth-quarter FY22 sales growth of 11.6% year-on-year to $145.11 million, beating the consensus of $137.54 million.
• KLX Energy Services Holdings, Inc. KLXE gained 21.4% to $16.48 following Q4 results.
• Townsquare Media, Inc. TSQ climbed 18% to $8.56 following strong quarterly results.
• Paysafe Limited PSFE rose 15.7% to $23.49. Paysafe reported a fourth-quarter FY22 revenue growth of 3% year-on-year to $383.6 million, beating the consensus of $376.1 million.
• Duluth Holdings Inc. DLTH gained 14.7% to $7.09 following upbeat quarterly earnings.
• FuelCell Energy, Inc. FCEL surged 13.9% to $3.76 after the company reported better-than-expected Q1 EPS and sales results.
• Assertio Holdings, Inc. ASRT rose 13% to $6.74 following strong quarterly sales.
• Miller Industries, Inc. MLR gained 11.8% to $30.40 after reporting a rise in Q4 earnings.
• Sovos Brands, Inc. SOVO climbed 11.4% to $14.66 after the company reported better-than-expected Q4 results and issued strong FY23 guidance.
• Docebo Inc. DCBO rose 10.2% to $39.41 following upbeat quarterly earnings.
• Nuvei Corporation NVEI gained 8.4% to $39.47. Credit Suisse upgraded Nuvei from Neutral to Outperform and raised the price target from $37 to $45.
• McEwen Mining Inc. MUX gained 8.2% to $7.15.
• General Electric Company GE jumped 8.1% to $94.02 after the company updated guidance at its annual investor conference.
• MacroGenics, Inc. MGNX rose 8% to $5.94. MacroGenics announced the sale of TZIELD royalty interest for up to $200 million.
• Genius Sports Limited GENI gained 7.3% to $5.35.
• OPKO Health, Inc. OPK rose 6.6% to $1.2050. HC Wainwright & Co. reiterated OPKO Health with a Buy and maintained a $3 price target.

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