Expedia Posts Upbeat Earnings, Joins Akamai Technologies, Trade Desk, DXC Technology And Other Big Stocks Moving Higher On Friday

U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Friday.

Shares of Expedia Group, Inc. EXPE rose sharply during Friday's session after the company reported better-than-expected second-quarter financial results.

Expedia Group reported quarterly earnings of $3.51 per share which beat the analyst consensus estimate of $3.06 per share. The company reported quarterly sales of $3.558 billion which beat the analyst consensus estimate of $3.534 billion.

Expedia Group shares jumped 9.4% to $129.02 on Friday.

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

• Blend Labs, Inc. BLND gained 32% to $3.55 after the company reported better-than-expected second-quarter financial results. Also, William Blair upgraded the stock from Market Perform to Outperform.
• Doximity, Inc. DOCS gained 31.6% to $33.82 after the company reported better-than-expected first-quarter financial results. Additionally, the company issued FY24 revenue guidance above estimates.
• ADMA Biologics, Inc. ADMA shares surged 29.5% to $15.80 after the company reported better-than-expected second-quarter financial results and raised its FY24 and FY25 revenue guidance above estimates.
• Sweetgreen, Inc. SG climbed 26.2% to $33.13 after the company reported better-than-expected second-quarter revenue results.
• Evolent Health, Inc. EVH rose 24.2% to $25.92 after the company reported better-than-expected quarterly financial results. Also, Truist Securities upgraded the stock from Hold to Buy and raised its price target from $28 to $33.
• Iovance Biotherapeutics, Inc. IOVA gained 20.2% to $9.54 after the company reported better-than-expected second-quarter financial results and issued third-quarter product revenue guidance above estimates.
• CarGurus, Inc. CARG gained 18.2% to $26.48 after the company reported better-than-expected second-quarter financial results and issued third-quarter non-GAAP EPS guidance above estimates.
• IAMGOLD Corporation IAG gained 15.6% to $4.2550 after the company reported better-than-expected second-quarter financial results.
• Genpact Limited G rose 14.9% to $37.23 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates. Also, the company raised its FY24 EPS guidance above estimates.
• Paymentus Holdings, Inc. PAY climbed 13.7% to $22.19 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
• DigitalOcean Holdings, Inc. DOCN rose 13.4% to $32.99 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
• Rocket Lab USA, Inc. RKLB gained 12.2% to $5.35 after the company reported better-than-expected second-quarter financial results. Also, the company announced it hot fired its new rocket engine Archimedes for the first time.
• Akamai Technologies, Inc. AKAM rose 11.3% to $101.91 after the company reported better-than-expected second-quarter financial results.
• Avidity Biosciences, Inc. RNA gained 10.6% to $46.31.
• The Trade Desk, Inc. TTD rose 9.6% to $96.81 after the company reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates. Also, Keybanc and Susquehanna raised their respective price targets on the stock.
• DXC Technology Company DXC climbed 7.2% to $19.64 after the company reported better-than-expected quarterly financial results..
• Eli Lilly and Company LLY gained 5.8% to $894.83.

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