Match Group Posts Upbeat Sales, Joins Modine Manufacturing, Scotts Miracle-Gro, NVIDIA And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were higher, with the Dow Jones index gaining over 200 points on Wednesday.

Shares of Match Group, Inc. MTCH surged 15% to $38.74 after the company reported better-than-expected second-quarter revenue results and issued strong third-quarter revenue guidance.

Match Group reported quarterly earnings of 48 cents per share, in-line with the analyst consensus estimate. Quarterly sales clocked in at $864 million which beat the analyst consensus estimate of $856.4 million and is a 4.15% increase from the same period last year.

Match Group surged 15% to $38.74 on Wednesday.

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

• Powell Industries, Inc. POWL jumped 33.2% to $177.43 after the company reported better-than-expected Q3 GAAP EPS and sales.
• Stardust Power Inc. SDST shares surged 23.9% to $14.65.
• Modine Manufacturing Company MOD surged 20.2% to $118.85 after the company reported better-than-expected first-quarter financial results.
• Cassava Sciences, Inc. SAVA surged 19.6% to $21.01.
• Fiverr International Ltd. FVRR jumped 18.5% to $25.94 after the company reported better-than-expected second-quarter financial results.
• Parsons Corporation PSN gained 16.4% to $89.82 after the company reported better-than-expected second-quarter financial results and raised its FY24 revenue guidance above estimates.
• Talen Energy Corporation TLN rose 13.6% to $125.98.
• The Scotts Miracle-Gro Company SMG jumped 12.7% to $79.17 following better-than-expected quarterly financial results.
• Caesars Entertainment, Inc. CZR gained 12.6% to $41.56 following second-quarter earnings.
• Constellation Energy Corporation CEG jumped 11.1% to $187.41.
• NVIDIA Corporation NVDA gained 11% to $115.04.
• Arista Networks, Inc. ANET rose 8.8% to $338.70 as the company reported better-than-expected second-quarter financial results and raised its third-quarter revenue guidance.
• Teva Pharmaceutical Industries Limited TEVA gained 8.7% to $17.84 after the company reported better-than-expected quarterly financial results and issued FY24 guidance.

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