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

  • Locafy Limited LCFY surged 89.7% to $13.28 after the company announced an agreement with a U.S.-based media publisher to utilize "Entity-Based" Keystone SEO technology.
  • Root, Inc. ROOT shares surged 40% to $13.59 following a Wall Street Journal report suggesting the company has received a takeover bid.
  • Sotera Health Company SHC gained 14.4% to $17.16. Sotera Health finalized settlement of ethylene oxide litigation in Illinois.
  • IGM Biosciences, Inc. IGMS shares climbed 12.7% to $9.98 after the company reported pricing of $107.3 million upsized public offering and concurrent private placement.
  • Donegal Group Inc. DGICB rose 10.6% to $14.03.
  • Overstock.com, Inc. OSTK gained 10.3% to $23.38.
  • AMC Entertainment Holdings, Inc. APE climbed 10.3% to $1.8750 possibly in reaction to a recommendation from special master Corinne Elise Amato on the objections raised in relation to the company's proposed settlement with shareholders.
  • Roivant Sciences Ltd. ROIV surged 10.2% to $10.50 after the company reported results from the chronic period of the TUSCANY-2 Phase 2b study of RVT-3101 in ulcerative colitis, demonstrating improved efficacy from the induction to chronic period.
  • Orchestra BioMed Holdings, Inc. OBIO climbed 9.9% to $9.43.
  • Super Micro Computer, Inc. SMCI rose 8.7% to $239.16.
  • Despegar.com, Corp. DESP gained 7.8% to $7.53. B. Riley Securities initiated coverage on Despegar.com with a Buy rating and announced a price target of $10.
  • Steelcase Inc. SCS climbed 6.5% to $7.71 as the company reported better-than-expected earnings for its first quarter.
  • Carisma Therapeutics, Inc. CARM gained 6.5% to $8.74.
  • Enerpac Tool Group Corp. EPAC rose 6.2% to $28.90 following third-quarter results.
  • Commercial Metals Company CMC gained 5.3% to $50.16 following strong quarterly results.

 

Read More: US Stocks Lower Following Initial Jobless Claims Report

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