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

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.

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