U.S. stocks were higher, with the Dow Jones index gaining over 1% on Thursday.
Shares of Parker-Hannifin Corporation PH rose sharply during Thursday's session following better-than-expected fourth-quarter financial results and upbeat FY25 guidance.
Parker Hannifin reported fourth-quarter sales growth of 2% year over year to $5.186 billion and +3% organic growth, beating the consensus of $5.082 billion.
Parker-Hannifin shares jumped 9.8% to $562.79 on Thursday.
Here are some other big stocks recording gains in today's session.
- Viasat, Inc. VSAT gained 42.2% to $25.27 after the company reported better-than-expected first-quarter financial results.
- XPEL, Inc. XPEL gained 35% to $42.65 after the company reported better-than-expected second-quarter financial results.
- AxoGen, Inc. AXGN shares surged 33.5% to $10.57 after the company reported better-than-expected second-quarter results.
- CommScope Holding Company, Inc. COMM climbed 30% to $2.7600 after the company reported better-than-expected second-quarter financial results.
- DocGo Inc. DCGO rose 27.1% to $3.80 after the company reported better-than-expected quarterly sales.
- Klaviyo, Inc. KVYO gained 25.2% to $28.91 after the company reported better-than-expected second-quarter financial results. Also, the company issued FY24 and Q3 revenue guidance above estimates.
- Leslie’s, Inc. LESL rose 23.3% to $3.4050 following upbeat quarterly earnings.
- Forward Air Corporation FWRD gained 19.6% to $26.90 following second-quarter results.
- Clean Energy Fuels Corp. CLNE gained 19.2% to $2.8850 following quarterly earnings.
- ICU Medical, Inc. ICUI jumped 18.1% to $143.88 following strong quarterly results.
- Under Armour, Inc. UA gained 17.2% to $7.35 following first-quarter earnings.
- SharkNinja, Inc. SN rose 16% to $84.65 after the company reported better-than-expected quarterly financial results.
- Zillow Group, Inc. ZG gained 15.5% to $46.61 after the company reported better-than-expected quarterly financial results.
- Nova Ltd. NVMI jumped 15% to $208.24 after the company reported better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.
- YETI Holdings, Inc. YETI gained 13.1% to $41.90 after the company reported better-than-expected second-quarter financial results and raised its FY24 adjusted EPS guidance above estimates.
- Boot Barn Holdings, Inc. BOOT rose 11.4% to $128.93 after the company reported better-than-expected first-quarter financial results.
- Sealed Air Corporation SEE gained 10.6% to $38.04 following quarterly results.
- Eli Lilly and Company LLY rose 9.1% to $842.14 after the company reported better-than-expected second-quarter financial results and raised its full-year guidance.
- ON Semiconductor Corporation ON gained 5% to $69.63.
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