Cisco, Children's Place, LSI Industries And Other Big Stocks Moving Higher On Thursday

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U.S. stocks traded mostly higher, with the Dow Jones gaining around 75 points on Thursday. Here are some big stocks recording gains in today’s session.

  • LSI Industries Inc. LYTS jumped 21.8% to $15.55 following better-than-expected fourth-quarter results.
  • Super Group (SGHC) Limited SGHC surged 18.7% to $3.4785 following strong quarterly results.
  • Gambling.com Group Limited GAMB climbed 14.3% to $14.51 as the company posted upbeat second-quarter results and raised FY23 guidance.
  • The Children's Place, Inc. PLCE surged 9.4% to $29.01. Children's Place reported a second-quarter FY23 sales decline of 9.3% year-on-year to $345.59 million, beating the analyst consensus of $342.64 million.
  • Avnet, Inc. AVT surged 9.6% to $49.28 following strong quarterly results.
  • Chegg, Inc. CHGG rose 8.3% to $10.32 after the company boosted its share buyback by $200 million.
  • Triumph Group, Inc. TGI gained 8.1% to $9.04.
  • Precigen, Inc. PGEN jumped 7% to $1.62.
  • Chesapeake Energy Corporation CHK gained 6% to $87.49. UBS maintained Chesapeake Energy with a Buy and raised the price target from $102 to $106.
  • Cisco Systems, Inc. CSCO gained 4.6% to $55.40 after the company reported better-than-expected financial results. Several analysts lifted price targets on the stock following the print.

Read More: Check Out 3 High-Yielding Dividend Stocks In Utilities Sector From Wall Street's Most Accurate Analysts

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