Guess, Ralph Lauren, DISH Network, NVIDIA And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded mostly higher, with the Nasdaq Composite gaining over 1% on Thursday. Here are some big stocks recording gains in today’s session.

• NVIDIA Corporation NVDA shares climbed 22.9% to $375.17 after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the current quarter.
• Lightwave Logic, Inc. LWLG jumped 22.7% to $6.37 after the company announced it began commercialization of its electro-optic polymer materials.
• Modine Manufacturing Company MOD climbed 19.9% to $23.66 following strong quarterly results.
• Super Micro Computer, Inc. SMCI shares gained 19.8% to $200.72 in sympathy with NVIDIA after the company reported strong Q1 results and guidance.
• Zuora, Inc. ZUO rose 19.3% to $10.15 following quarterly results.
• Vertiv Holdings Co VRT gained 16.7% to $18.95.
• DISH Network Corporation DISH climbed 15.5% to $7.20. Dish Network is in talks to sell wireless plans through Amazon, Reuters reported.
• American Woodmark Corporation AMWD jumped 15.5% to $62.34 following strong quarterly results.
• Nutanix, Inc. NTNX shares rose 14.5% to $29.11 as the company reported better-than-expected results for its third quarter.
• Monolithic Power Systems, Inc. MPWR climbed 12.5% to $467.55.
• e.l.f. Beauty, Inc. ELF gained 11.5% to $96.36 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS and net sales guidance above estimates.
• Vicor Corporation VICR rose 11% to $51.69.
• EnerSys ENS gained 10.5% to $92.88 following upbeat results.
• REX American Resources Corporation REX gained 10.4% to $34.60 following upbeat quarterly results.
• Guess', Inc. GES surged 10.3% to $19.15 following strong quarterly results.
• Advanced Micro Devices, Inc. AMD climbed 9.4% to $118.44 in sympathy with NVIDIA, which reported strong Q1 results and issued guidance above estimates.
• Taiwan Semiconductor Manufacturing Company Limited TSM gained 9.4% to $98.60 in sympathy with NVIDIA, which reported strong Q1 results and issued guidance above estimates.
• Desktop Metal, Inc. DM gained 9.4% to $1.915 after it agreed to combine with Stratasys under an all-stock transaction worth $1.8 billion or $1.88 per share of Desktop Metal.
• Ralph Lauren Corporation RL rose 8.8% to $117.85 after the company reported better-than-expected Q4 financial results.
• Dorian LPG Ltd. LPG gained 8.5% to $25.30. Evercore ISI Group upgraded Dorian LPG from In-Line to Outperform and raised the price target from $25 to $32.
• Synopsys, Inc. SNPS surged 8.2% to $427.89. Synopsys, entered into an accelerated share repurchase agreement (ASR) with Mizuho Markets Americas LLC to repurchase an aggregate of $300 million of Synopsys stock.
• Arista Networks, Inc. ANET gained 7.9% to $152.38.
• Rambus Inc. RMBS jumped 6.4% to $61.00.

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