Louisiana-Pacific Posts Upbeat Results, Joins Cricut, Elanco Animal, American Public Education And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday.

Shares of Louisiana-Pacific Corporation LPX rose sharply during Wednesday's session  following better-than-expected first-quarter financial results.

LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million.

Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday.

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

• Cricut, Inc. CRCT shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results.
• MaxCyte, Inc. MXCT jumped 27.6% to $5.01 following upbeat quarterly results.
• Ameresco, Inc. AMRC climbed 27.6% to $28.47 following strong quarterly results.
• Elanco Animal Health Incorporated ELAN gained 26.5% to $17.11 following strong quarterly earnings.
• American Public Education, Inc. APEI gained 23.3% to $18.71 following upbeat quarterly results.
• Globus Medical, Inc. GMED rose 23.3% to $63.35 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.
• Kyndryl Holdings, Inc. KD gained 21.6% to $25.25 after the company reported better-than-expected fourth-quarter financial results.
• PowerSchool Holdings, Inc. PWSC rose 21.2% to $20.17 following a report suggesting Bain is pursuing a takeover of the company.
• Myriad Genetics, Inc. MYGN climbed 21.1% to $24.02 following better-than-expected first-quarter earnings.
• Arko Corp. ARKO gained 20.3% to $5.15 following first-quarter earnings.
• Latham Group, Inc. SWIM rose 19% to $3.5609 following strong first-quarter earnings.
• Hyster-Yale Materials Handling, Inc. HY gained 18.2% to $69.74 following UPBEAT first-quarter earnings.
• Alpha and Omega Semiconductor Limited AOSL surged 17.7% to $26.22 after reporting strong quarterly results.
• Oddity Tech Ltd. ODD rose 15.8% to $36.19 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.
• Dutch Bros Inc. BROS gained 15.5% to $32.82 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance.
• RingCentral, Inc. RNG gained 14.8% to $34.42 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.
• Luminar Technologies, Inc. LAZR gained 14.5% to $1.89 as the company posted a narrower-than-expected quarterly loss.
• Toast, Inc. TOST rose 14.2% to $27.09 after the company reported better-than-expected quarterly sales results.
• Hannon Armstrong Sustainable Infrastructure Capital, Inc. HASI surged 13.9% to $29.84 following upbeat earnings.
• Denali Therapeutics Inc. DNLI rose 13.2% to $19.07 following a narrower-than-expected quarterly loss.
• Teva Pharmaceutical Industries Limited TEVA gained 13% to $15.75 after the company reported mixed first quarter financial results.
• Vistra Corp. VST climbed 10.1% to $90.01 after the company reported first quarter financial results.
• Cirrus Logic, Inc. CRUS gained 9.6% to $99.93 as the company posted better-than-expected results for its fourth quarter.
• Lotus Technology Inc. LOT gained 9.1% to $8.51.
• Lyft, Inc. LYFT rose 8.8% to $18.08 following better-than-expected first-quarter results.
• Griffon Corporation GFF surged 8.6% to $73.64 following upbeat second-quarter results.
• Grand Canyon Education, Inc. LOPE rose 7.7% to $150.62 following upbeat quarterly results.
• Confluent, Inc. CFLT gained 7.7% to $30.00 after the company reported better-than-expected quarterly financial results and raised its FY24 guidance above estimates.
• Veeco Instruments Inc. VECO gained 6.9% to $40.08 following upbeat results.
• International Seaways, Inc. INSW rose 6.3% to $60.21 after posting upbeat earnings.
• LCI Industries LCII surged 6.2% to $111.48 following strong quarterly results.

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