Roblox Posts Upbeat Results, Joins Paycom Software, Norwegian Cruise Line, Altria Group, Booking And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling around 200 points on Thursday.

Shares of Roblox Corporation RBLX rose sharply during Thursday’s session after the company reported better-than-expected third-quarter financial results and reported a year-over-year increase in daily active users and hours engaged.

The video game developer reported an adjusted EPS loss of 37 cents, beating the analyst consensus loss estimate of 0.39 cents. The revenue of the American video game developer grew by 29% Y/Y to $919 million.

Roblox shares climbed 21.5% to $52.13 on Thursday.

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

• Root, Inc. ROOT shares jumped 138% to $96.39 after the company reported better-than-expected third-quarter financial results.
• Alphatec Holdings, Inc. ATEC shares climbed 40% to $7.84 after the company reported better-than-expected third-quarter revenue results and raised its FY24 revenue guidance.
• Lemonade, Inc. LMND surged 25.8% to $23.59 after the company reported third-quarter earnings and sales above estimates and raised its FY24 guidance.
• Paycom Software, Inc. PAYC gained 24.7% to $214.84 following better-than-expected quarterly earnings.
• Confluent, Inc. CFLT rose 21.4% to $28.00 after the company reported better-than-expected quarterly financial results.
• Remitly Global, Inc. RELY surged 19.7% to $18.27 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter revenue guidance above estimates.
• Nextracker Inc. NXT gained 19.1% to $38.09 after the company reported better-than-expected second-quarter financial results and raised its FY25 GAAP and adjusted EPS guidance.
• Peloton Interactive, Inc. PTON rose 18.6% to $7.89 after the company reported better-than-expected quarterly sales.
• TTM Technologies, Inc. TTMI surged 16.6% to $23.01 following strong quarterly sales.
• Twilio Inc. TWLO gained 16% to $81.81 after the company reported better-than-expected third-quarter financial results.
• International Paper Company IP rose 14% to $55.91 after the company reported better-than-expected quarterly adjusted EPS results. The company announced the decision to review strategic options for its global cellulose fibers business.
• Entergy Corporation ETR gained 11.8% to $150.32 after the company reported better-than-expected third-quarter earnings and raised FY24 EPS outlook.
• Gen Digital Inc. GEN gained 10.1% to $29.64 following strong quarterly sales.
• Sprouts Farmers Market, Inc. SFM rose 10.1% to $130.98 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance above estimates.
• Norwegian Cruise Line Holdings Ltd. NCLH gained 7.7% to $25.69 after the company reported better-than-expected quarterly financial results.
• Altria Group, Inc. MO gained 7% to $54.03 following strong earnings.
• Booking Holdings Inc. BKNG rose 6.3% to $4,745.96 after the company reported better-than-expected third-quarter financial results.

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