Travelzoo, Semler Scientific, Ollie's Bargain Outlet And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded mostly higher, with the Dow Jones gaining around 20 points on Wednesday. Here are some big stocks recording gains in today’s session.

• 89bio, Inc. ETNB shares gained 37.5% to $15.06 after the company's Phase 2b ENLIVEN trial of pegozafermin in NASH achieved statistical significance on both primary histology endpoints.
• GameStop Corp. GME shares climbed 34.5% to $23.75 after the company turned in a profitable quarter for the first time in two years.
• Travelzoo TZOO rose 21.4% to $5.56 after the company reported better-than-expected Q4 EPS and sales results.
• Carvana Co. CVNA surged 15.6% to $9.17 after the company announced private exchange offerings relating to existing notes. The company also provided some forecasted estimates of its operating results for the three months ending March 31, 2023.
• Semler Scientific, Inc. SMLR rose 16.2% to $25.46 after the company reported better-than-expected Q4 EPS and sales results.
• Avadel Pharmaceuticals plc AVDL jumped 13.4% to $9.10 after the company was granted FDA authorization to import LUMRYZ into the U.S. ahead of the FDA's final decision.
• The Greenbrier Companies, Inc. GBX gained 11.4% to $31.64 after the company reported preliminary Q2 GAAP EPS and revenue results above estimates
• Ollie's Bargain Outlet Holdings, Inc. OLLI gained 10.5% to $58.88 after the company posted upbeat quarterly results and issued a strong FY23 financial outlook.
• Karuna Therapeutics, Inc. KRTX climbed 10.2% to $177.91 after the company announced the pricing of a public offering for gross proceeds of $400 million.
• Krispy Kreme, Inc. DNUT rose 9.9% to $15.84 after Truist Securities upgraded the stock from Hold to Buy.
• Western Alliance Bancorporation WAL gained 8.1% to $36.31.
• Teekay Corporation TK gained 8.2% to $6.53. Teekay completed $30 million share repurchase program and announced a new share repurchase program.
• Southland Holdings, Inc. SLND jumped 7.8% to $8.41.
• AAR Corp. AIR rose 5.5% to $55.53 following strong quarterly earnings.

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