Unity Software, Tapestry, CIRCOR International And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded lower, with the Dow Jones dropping more than 300 points on Thursday. Here are some big stocks recording gains in today’s session.

• Absolute Software Corporation ABST shares rose 32.3% to $11.36 after the company announced it will be acquired by Crosspoint Capital Partners for an enterprise value of $870 million.
• Maxeon Solar Technologies, Ltd. MAXN jumped 29.2% to $36.18 after the company issued strong Q2 guidance.
• AppLovin Corporation APP rose 25.8% to $22.42 following better-than-expected Q1 sales.
• KLX Energy Services Holdings, Inc. KLXE gained 24.3% to $11.09 after the company reported better-than-expected Q1 financial results.
• SmartRent, Inc. SMRT gained 20.4% to $3.25 after the company reported better-than-expected Q2 sales results and issues FY23 guidance.
• Magnite, Inc. MGNI surged 20% to $11.30 after the company reported better-than-expected Q1 financial results.
• Entegris, Inc. ENTG climbed 19.3% to $93.17 following strong quarterly results.
• Digimarc Corporation DMRC gained 19.3% to $23.76 after the company reported better-than-expected Q1 results.
• The Goodyear Tire & Rubber Company GT climbed 18.2% to $13.85 after Elliott sent letter and presentation to the board of Goodyear.
• ACV Auctions Inc. ACVA gained 15.3% to $15.75 after the company reported better-than-expected Q1 results.
• NeoGames S.A. NGMS rose 14.4% to $15.10 following upbeat quarterly earnings.
• Evolv Technologies Holdings, Inc. EVLV climbed 14.1% to $4.6108 after the company posted strong Q1 results and raised guidance.
• Dada Nexus Limited DADA rose 14.1% to $6.57 following strong quarterly results.
• CIRCOR International, Inc. CIR gained 14% to $30.61 after the company reported better-than-expected Q1 financial results. Also, the company reported Q1 orders increased by 9% year-over-year.
• Arcturus Therapeutics Holdings Inc. ARCT rose 13.2% to $33.29 after HC Wainwright upgraded the stock from Neutral to Buy and announced a $51 price target
• Teekay Corporation TK jumped 11.8% to $6.07 after the company reported higher year-over-year Q1 earnings and sales.
• Corsair Gaming, Inc. CRSR gained 11.4% to $19.50 following strong quarterly results.
• Traeger, Inc. COOK rose 11.4% to $3.41 after the company reported better-than-expected Q1 financial results and issued FY23 guidance.
• Unity Software Inc. U climbed 10.8% to $31.89 after the company reported better-than-expected Q1 results and issued strong Q2 guidance.
• STERIS plc STE gained 10.1% to $208.59 after the company reported better-than-expected Q4 results.
• Herbalife Ltd. HLF rose 9.1% to $14.98. Herbalife recently said it is not providing guidance due to continued dynamic macroeconomic backdrop.
• Tapestry, Inc. TPR gained 7.3% to $39.85 after the company reported better-than-expected Q3 financial results and issued FY23 EPS and revenue guidance above estimates.
• Inter & Co, Inc. INTR rose 7.1% to $2.3237.

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