THOR Industries Reports Upbeat Earnings, Joins Dave & Buster's Entertainment, Campbell Soup And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded higher, with the Dow Jones index gaining more than 50 points on Wednesday.

Shares of THOR Industries, Inc. THO shares moved higher during Wednesday’s session following better-than-expected quarterly results.

Thor Industries posted quarterly earnings of 99 cents per share, topping market estimates of 98 cents per share. The company’s quarterly sales came in at $2.50 billion versus expectations of $2.498 billion.

THOR Industries shares gained 6.5% to $109.69 on Wednesday.

Here are some other big stocks recording gains in today’s session.

• Pharvaris N.V. PHVS shares rose 33.7% to $28.00 after the company announced the CHAPTER-1 Phase 2 clinical study met its primary endpoint.
• Webuy Global Ltd WBUY gained 32.4% to $7.88 after the company announced it entered into a non-binding MOU to acquire controlling interest in PT. Tiga Sakti Utama.
• Phreesia, Inc. PHR surged 23.5% to $18.23 following third-quarter results.
• Arvinas, Inc. ARVN jumped 21.7% to $28.20. Arvinas and Pfizer released clinical data for vepdegestrant (ARV-471) in combination with palbociclib (IBRANCE).
• SentinelOne, Inc. S rose 17.4% to $23.48 after the company reported stronger-than-expected results for its third quarter and raised its annual revenue outlook.
• TG Therapeutics, Inc. TGTX jumped 13.2% to $16.21.
• The Lovesac Company LOVE surged 12.1% to $23.56 following quarterly results.
• Aspen Aerogels, Inc. ASPN shares gained 12% to $11.93. Aspen Aerogels reported additional EV Thermal barrier commercial award and issued an update on U.S. Department of Energy loan application status.
• Applied Optoelectronics, Inc. AAOI rose 12% to $18.09. Applied Optoelectronics recently announced a proposed private offering of $80 million of convertible senior notes due 2026.
• Genelux Corporation GNLX gained 11% to $12.77.
• Upstart Holdings, Inc. UPST rose 10.5% to $36.51.
• Dave & Buster's Entertainment, Inc. PLAY climbed 10.2% to $46.22 following quarterly results.
• Shoe Carnival, Inc. SCVL gained 9.3% to $27.15.
• Avis Budget Group, Inc. CAR rose 9.2% to $200.80. Avis Budget declared a special cash dividend of $10.00 per share of common stock.
• Travere Therapeutics, Inc. TVTX gained 9.2% to $8.08. Travere Therapeutics recently announced the completion of a successful pre-NDA meeting with the FDA for FILSPARI in IgA nephropathy and provided regulatory updates for both IgAN and FSGS.
• Hovnanian Enterprises, Inc. HOV gained 9% to $117.37. Hovnanian recently reported a year-over-year increase in fourth-quarter financial results and issued first-quarter guidance.
• Livent Corporation LTHM rose 8.8% to $14.19.
• NIO Inc. NIO climbed 8.1% to $8.03. NIO is reportedly strategizing to spin off its battery manufacturing division, aiming to achieve profitability through cost reduction and enhanced efficiency.
• Campbell Soup Company CPB climbed 6.4% to $42.95 following upbeat earnings.
• Block, Inc. SQ gained 5.5% to $68.51. Barclays maintained Block with an Overweight and raised the price target from $95 to $100.

Now Read This: Wall Street's Most Accurate Analysts Say Hold These 3 Consumer Stocks Delivering High-Dividend Yields