Walmart Posts Upbeat Earnings, Joins Canada Goose, Lightspeed Commerce And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones gaining over 50 points on Thursday.

Shares of Walmart Inc. WMT rose sharply during Thursday's session following better-than-expected quarterly earnings.

The retailer reported that in the first quarter of 2025, the adjusted EPS was 60 cents, beating the consensus of 52 cents. Sales were $161.51 billion, up 6.0% year over year or 5.8% (at constant currency), including a benefit of ~1% from an additional selling day, beating the consensus of $159.50 billion, according to data from Benzinga Pro.

Walmart shares surged 6.9% to $63.99 on Thursday.

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

• AST SpaceMobile, Inc. ASTS shares gained 32.6% to $3.1711 as the company reported a narrower-than-expected loss for its first quarter and announced a definitive commercial agreement with AT&T Inc.
• Canada Goose Holdings Inc. GOOS shares surged 23% to $14.10 following better-than-expected fourth-quarter earnings.
• Magnite, Inc. MGNI climbed 21.6% to $11.91. Needham analyst Laura Martin reiterated Magnite with a Buy and maintained a $15 price target.
• Lightspeed Commerce Inc. LSPD shares gained 15.3% to $14.74 following upbeat quarterly sales.
• Trupanion, Inc. TRUP climbed 14.7% to $32.53 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $35 to $49.
• SilverBow Resources, Inc. SBOW rose 14.7% to $37.17 after the company announced that it entered into a definitive agreement to be acquired by Crescent Energy.
• VinFast Auto Ltd. VFS climbed 12.8% to $4.79. VinFast received 27,649 pre-orders for the VF 3 in Vietnam after 66 hours of accepting deposits.
• Corebridge Financial, Inc. CRBG rose 12.7% to $34.00 after AIG reached a deal to sell shares of its stock in the company to Nippon Life Insurance.
• Extreme Networks, Inc. EXTR gained 10.8% to $12.02.
• NextNav Inc. NN rose 8% to $8.08. The company recently posted a loss for the first quarter.
• HUYA Inc. HUYA gained 7.6% to $6.01.
• ZTO Express (Cayman) Inc. ZTO shares gained 6% to $22.67 following upbeat quarterly results
• Chubb Limited CB rose 4.1% to $263.28 following an SEC filing showed Berkshire Hathaway purchased shares of the stock. The 13F filing revealed Berkshire Hathaway had purchased 25.92 million Chubb shares valued at over $6.717 billion.
• Arvinas, Inc. ARVN gained 3.9% to $33.58. Arvinas and Pfizer reported updated clinical data from Phase 1b combination cohort evaluating Vepdegestrant.
• The Boeing Company BA rose 3.6% to $183.41.
• Boot Barn Holdings, Inc. BOOT gained 3.6% to $113.95. Boot Barn posted upbeat earnings for its fourth quarter, but issued soft FY24 forecast on Tuesday.

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