U.S. stocks closed higher with the Dow Jones gaining more than 300 points on Thursday. Here is the list of some big stocks recording gains in the previous session.
- Golden Sun Education Group Limited GSUN climbed 38% to settle at $37.33. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment. Anticipation of the Fed's Jackson Hole symposium is also impacting stocks.
- Snowflake Inc. SNOW jumped 23.1% to close at $196.28 after the company reported better-than-expected Q2 sales results and issued product revenue guidance.
- Destination XL Group, Inc. DXLG climbed 19.8% to close at $5.03 after the company reported better-than-expected Q2 GAAP EPS and sales results and raised FY22 sales guidance.
- Full Truck Alliance Co. Ltd. YMM surged 14.7% to close at $8.03 after reporting upbeat Q2 earnings.
- Lancaster Colony Corporation LANC gained 14.1% to close at $167.26 after the company reported better-than-expected Q4 EPS and sales results.
- Pinterest, Inc. PINS rose 14.1% to close at $24.01. Reports suggest the company's collage app Shuffles has sent out pre-release invites that are trending among TikTok users.
- MINISO Group Holding Limited MNSO gained 13.8% to close at $6.94. MINISO Group reported a fourth-quarter FY22 sales decline of 6.3% year-on-year to RMB2.32 billion ($346 million), beating the analyst consensus of $338.22 million.
- HighPeak Energy, Inc. HPK surged 13.2% to close at $28.17. HighPeak Energy 10% owner John Paul Dejoria bought a total 2,313,744 shares at an average price of $21.61.
- Axcelis Technologies, Inc. ACLS gained 12.9% to close at $81.73.
- Futu Holdings Limited FUTU surged 12.8% to settle at $45.91. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Pinduoduo Inc. PDD climbed 12.4% to close at $59.83. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment. Anticipation of the Fed's Jackson Hole symposium is also impacting stocks.
- Bilibili Inc. BILI gained 12.1% to settle at $27.36. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Melco Resorts & Entertainment Limited MLCO surged 11.2% to settle at $5.77. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Shoe Carnival, Inc. SCVL gained 11% to settle at $25.09 after the company reported Q2 earnings results.
- 360 DigiTech, Inc. QFIN rose 10.9% to close at $15.87. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Coty Inc. COTY gained 10.6% to close at $8.17 after the company reported better-than-expected Q4 sales results and issued guidance.
- Tilray Brands, Inc. TLRY rose 9.6% to close at $4.12. Reports suggest New York regulators set a cap of 150 conditional marijuana retail permits for the first round of adult-use business licensing.
- JD.com, Inc. JD gained 9.2% to settle at $64.91.
- Alibaba Group Holding Limited BABA gained 8% to close at $99.89. Alibaba Group kicked off its seventh Maker Festival in Guangdong, China, the province with the maximum Taobao stores, Pandaily reported.
- NetApp, Inc. NTAP gained 7.9% to close at $78.56 after the company reported better-than-expected Q1 results.
- Autodesk, Inc. ADSK rose 2.3% to close at $220.15 after the company reported better-than-expected Q2 results and issued FY23 guidance above estimates.
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