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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