HP Posts Upbeat Earnings, Joins Foot Locker, American Superconductor, Red Robin Gourmet Burgers And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling around 1% on Thursday.

Shares of HP Inc. HPQ rose sharply during Thursday's session following better-than-expected second-quarter financial results.

Net revenue declined 0.8% Y/Y to $12.8 billion, beating the consensus of $12.6 billion. Adjusted EPS rose 4% Y/Y to 82 cents, surpassing the street view of 81 cents, according to data from Benzinga Pro.

HP shares climbed 12.5% to $36.94 on Thursday.

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

• Latam Logistic Properties, S.A. LPA shares jumped 61% to $53.35.
• Foot Locker, Inc. FL rose 25.9% to $28.35 following a first-quarter earnings beat.
• American Superconductor Corporation AMSC shares jumped 25.4% to $19.79 following strong quarterly earnings.
• Red Robin Gourmet Burgers, Inc. RRGB climbed 22% to $8.21 following first-quarter results.
• American Superconductor Corporation AMSC shares rose 19.4% to $18.85 following strong quarterly earnings.
• Burlington Stores, Inc. BURL gained 19.2% to $238.93 following better-than-expected first-quarter earnings.
• Petco Health and Wellness Company, Inc. WOOF climbed 18.4% to $3.7088.
• Fitell Corporation FTEL gained 15.1% to $19.57.
• Alignment Healthcare, Inc. ALHC rose 12.6% to $7.86 after Baird initiated coverage on the stock with an Outperform rating and $10 price target.
• C3.ai, Inc. AI rose 12.2% to $26.89 following strong fourth-quarter earnings.
• Credo Technology Group Holding Ltd CRDO climbed 12.5% to $22.76 following upbeat earnings.
• Forward Air Corporation FWRD rose 11.5% to $15.98
• Birkenstock Holding plc BIRK climbed 10.5% to $55.26 after the company reported strong second-quarter earnings and raised its full-year revenue growth guidance.
• BW LPG Limited BWLP rose 10.4% to $20.17 following first-quarter earnings.
• Best Buy Co., Inc. BBY jumped 9% to $78.37 following first-quarter earnings.
• Insmed Incorporated INSM gained 8.9% to $58.33. Insmed announced pricing of $650 million public offering of 12,621,359 shares at $51.50 per share.
• Biohaven Ltd. BHVN rose 8.5% to $35.99. Biohaven recently announced pipeline and portfolio updates.
• United States Cellular Corporation USM gained 8.1% to $47.76.
• Advance Auto Parts, Inc. AAP shares gained 5.4% to $65.88.
• Bank OZK OZK gained 4.8% to $41.51.

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